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Legislature blocks change in Missouri farm values

Legislature blocks change in Missouri farm values

March 2nd, 2012 in News

Lawmakers rejected a plan Thursday that would have increased taxes on the state's best farmland.

The Missouri Farm Bureau was pleased after the state Senate - with one vote more than the minimum needed - approved a House-passed resolution "to prevent increased farmland property taxes from going into effect," Farm Bureau President Blake Hurst said.

The House passed the no-increase resolution Feb. 21, on a 117-39 vote.

The Senate's vote Thursday was 19-8.

On Dec. 20, the Tax Commission voted to raise the values of the state's most productive farm land - about 35 percent of the state's total land inventory - by about 8 percent. Th commission said it would amount to an additional 29 cents per acre in taxes.

Earlier coverage:

House rejects plan to increase some farm values