Each September, the Missouri General Assembly returns to the Capitol to review any legislation that was met with the governor’s veto pen in the summer.
This year, six bills were rejected by the executive branch. The Missouri Constitution requires a two-thirds majority of both the Missouri Senate and the Missouri House of Representatives to override any of the governor’s vetoes. It was decided last week not to try and override any of these vetoes this year. We may revisit these individual issues when we return to the Capitol for the regular legislative session in January.
The bulk of the week then was focused on the aftermath of a recent decision handed down by the Missouri Supreme Court. Justices ruled the purchaser of a vehicle can only reduce tax liability when selling one vehicle he or she already own. Before, the Missouri Department of Revenue would calculate the taxable cost of a new vehicle when someone would sell more than one vehicle at once. As a result of the decision, the governor wanted lawmakers to pass legislation allowing purchasers to use credits from the sale of multiple vehicles.
What followed was House Bill 1 and Senate Bill 1, both of which relate to sales and use tax allowances for certain items. House Bill 1 is the official vehicle for this legislation, and we sent it to the governor on Friday, Sept. 13.
Our next regular legislative session is not too far away. Lawmakers will prefile legislation starting in December, and we will be back in Jefferson City starting on Jan. 8, 2020.