SB 0283 Reenacts legislation repealed by a prior unconstitutional bill
Sponsor:Klindt
LR Number:1056S.01I Fiscal Note:1056-01
Committee:Small Business, Insurance & Industrial Relations
Last Action:03/13/03 - Removed from S Consent Calendar Journal page:S500
Title:
Effective Date:August 28, 2003
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Current Bill Summary

SB 283 - Section 135.766, RSMo, containing the Small Business Tax Credit for Guaranty Fees in its entirety, was repealed by the General Assembly in SB 894 (2000). The Missouri Supreme Court then found that bill to be in violation of the clear title requirement in the Constitution. Thus, the Small Business Tax Credit for Guaranty Fees was never repealed and is still part of our laws. However, once SB 894 passed, the Revisor of Statutes removed the section from the printed version of the Revised Statutes. The Revisor is not authorized to re-publish a section of law that has been repealed by the legislature even if the Supreme Court has overturned that repeal. This act would serve to have the section re-published in the RSMo, but will not cause any substantive change to the current law.
JEFF CRAVER