Section 107-067; Ord. 18885; Opting out of the state sales tax holiday


Ordinance No. 18885                            Council Bill No. B 30-06

     AN ORDINANCE

opting out of the state sales tax holiday; directing the City Clerk to notify the Missouri Department of Revenue of the passage of this ordinance; and fixing the time when this ordinance shall become effective.

WHEREAS, the Missouri General Assembly has passed and the Governor has signed, legislation that establishes a "sales tax holiday" for the first weekend in August; and

WHEREAS, the legislation does not provide for the reimbursement to local governments for lost revenue; and

WHEREAS, the sales tax holiday will significantly reduce local revenue; and

WHEREAS, the City of Columbia depends on sales tax revenues to provide essential services for the citizens, including police, fire, parks, streets, etc.; and

WHEREAS, the legislation authorizes local governments to opt out of the sales tax holiday.

NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

SECTION 1.    The City Council, as authorized by Section 144.049.6 RSMo, prohibits future annual sales tax holidays from applying to Columbia=s local sales tax.

SECTION 2.    The City Clerk is directed to provide written notice to the Missouri Department of Revenue no later than June 15, 2006, of the City's decision to opt out of the sales tax holiday by sending the Department a cover letter and certified copy of this ordinance.

SECTION 3.    This ordinance shall be in full force and effect from and after its passage.

    PASSED this 6th day of February, 2006.