HB 2022 (Truly Agreed) | Reenacts section 178.870 and allows the establishment of community college capital improvement subdistricts |
SCS/HB 2022 - This act repeals and reenacts without change Section 178.870, RSMo, which sets community college property tax rates.
Further, this act adds a provision allowing the establishment of community college capital improvement subdistricts for the purpose of capital projects. The board of trustees of such a district may propose an annual rate of taxation for the sole purpose of funding capital projects. The act provides a format for which the proposals shall be submitted to the voters of the district. A majority vote is necessary for the levy and collection of property taxes within the subdistrict. If a tax has been not been approved within a five year period from the establishment of a community college capital improvement subdistrict, such subdistrict shall be dissolved.
The provisions of this act are contained in the HCS/SCS/SB
947 (2002).
DONALD THALHUBER