HomeMy WebLinkAbout2003-094 - Opt Out of state Imposed Sales Tax HolidayBILL NO. 2003-94
ORDINANCE NO. 2003-94
AN ORDINANCE AUTHORIZING THE CITY OF RIVERSIDE, MISSOURI TO OPT OUT
OF STATE IMPOSED SALES TAX HOLIDAY
WHEREAS, the Missouri General Assembly has passed and the Governor has signed,
Senate Bill 11 that established a so-called "Sales Tax Holiday" for the second weekend in
August, 2004 and
WHEREAS, the legislation does not provide for the reimbursement to local governments
for lost revenues, and
WHEREAS, the sales tax holiday will significantly reduce local revenues, and
WHEREAS, municipalities depend on sales tax revenues to provide essential services for
the citizens, including police, fire, parks, street, code enforcement, etc., and
WHEREAS, these sales taxes were approved by a vote of the people who expect the
promised services, and
WHEREAS, the legislation authorizes local governments to opt out of the sales tax
holiday by ordinance of the governing body,
NOW THEREFORE BE IT ORDAINED BY THE BOARD OF ALDERMEN
OF THE CITY OF RIVERSIDE, MISSOURI AS FOLLOWS:
Section One. The City of Riverside, Missouri hereby determines that it will prohibit the
provisions of Section 144.049 RSMo. 2003, from exempting sales of certain clothing, personal
computers, certain computer software, and school supplies that occur within the boundaries of
said City during August 13, 2004 through August 15, 2004 from local sales taxes.
Section Two. The City Clerk is hereby directed to send written notice to the State of
Missouri Department of Revenue as soon as possible, but no later than July 9, 2004, of the
decision to opt out of the "Sales Tax Holiday," by forwarding a letter and certified copy of the
ordinance.
Section Three. This ordinance shall be in full force and effect from and after the date of
its passage and approval.
PASSED THIS 7TH DAY OF OCTOBER, 2003.
ATTEST:
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C Clerk
MAYOR f