The fate of several tax-cut bills approved by the Missouri legislature is once again in the legislators' hands after vetoes by Gov. Jay Nixon Thursday.
The fate of several tax-cut bills approved by the Missouri legislature is once again in the legislators’ hands after vetoes by Gov. Jay Nixon Thursday.
The bills, passed on the last day of the session, would provide tax breaks to data storage centers, power companies, fitness centers, restaurants and farmers markets, among others. Governor Nixon called the bills “secret sweetheart deals” that were not part of the fiscal year 2015 budget.
The Legislature can override vetoes during a September session, but a two-thirds majority in each chamber is required.
The governor’s vetoes reflected the wishes of at least two lake-area municipalities who went on record as opposing the bills and urging Nixon to veto. Osage Beach administration wrote a letter urging the governor to veto the bills, and Lake Ozark Board of Aldermen Tuesday night passed a resolution to that effect.
State Rep. Rocky Miller (District 124) was at Tuesday night’s Lake Ozark meeting by chance, and briefly shared additional background on each of the bills. He said Lake Ozark would be affected only marginally if the bills become law, adding that if Nixon vetoed the bill he would vote to override.
Lake Ozark City Administrator Dave Van Dee told his board Tuesday night that he does not want anything to interfere with the city’s revenue stream.
The measures are Senate Bills 584, 612, 662 and 693.
The Department of Revenue provided estimates of how much Missouri cities would be impacted, although many now believe those numbers were inflated. Osage Beach could lose more than $1.14 million and Lake Ozark $310,378.
City Administrator Nancy Viselli said before Nixon’s veto that “even if their estimate is double what the actual number is, it would still have a major impact on the city of Osage Beach and Camden and Miller counties.”
Van Dee had a similar take.
“For us to lose any of our potential revenue is problematic,” he said.