Amid dozens of tax bills filed for 2022 session, Missouri lawmakers want to end sales tax on guns, food and diapers | Missouri
(The Center Square) – If the number of bills submitted to the Missouri House of Representatives and Senate is any indication, a lot of time will be spent on the tax debate in the next legislative session beginning Jan.5, 2022.
About 10% of the 1,020 invoices filed contain the word “tax” in the description. Senators have tabled about 40 bills and joint resolutions while Representatives have introduced about 60.
Over 50 bills cover taxation and general revenue.
There are several bills that would authorize various tax credits for veterans. HB 1726 would allow a tax credit for minority-owned businesses, women, or disabled veterans who obtain a medical marijuana dispensary license. Three joint resolutions – HJR 73, HJR 86 and HJR89 – Call for an amendment to the Missouri Constitution granting property tax exemptions to certain disabled veterans.
There are 16 bills relating to property taxes. A recurring theme in many bills is to freeze or reduce property tax burdens for the elderly and disabled veterans.
HJR66 would call on Missouri voters to approve a constitutional amendment to prevent increases in property taxes on the primary residence of anyone aged 70 or older, provided they did not have enough income to declare the state income tax in the previous three years. HRJ72 will ask voters to approve a constitutional amendment to exempt any military veteran with a full-service disability from being exempt from paying property taxes on their home.
Six bills deal with food sales taxes or tax credits for urban farms.
HB1779 repeal the sales tax on food and replace lost income with a new inheritance tax. HB1817 end local sales taxes on the retail sale of food while HB1992 end all taxes on the retail sale of food products.
Two bills deal with the sales tax on household goods. HB1679 end sales taxes on diapers and HB1971 level the retail sales tax on diapers and feminine hygiene products at the same rate as the retail sales tax on food.
Urban farms have to be in a food desert to claim three-bill tax credits (HB1570, HB1919 and HB2020). Food deserts are defined as a census tract with a poverty rate of at least 20% or a median family income below 80% of the state average. At least 500 people or 33% of the population must be at least 400 meters from a full-service grocery store in an urban area. Urban farms must include community gardens. Urban farm tax credit programs contain a sunset clause, stopping them after six years unless they are reauthorized by the General Assembly.
When you buy an automobile, HB1733 would place the onus of remitting sales tax to the dealership where the purchase was made. If the auto loan includes the amount of sales tax, HB1873 would require finance companies to remit sales tax to the revenue department on behalf of the buyer.