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News Brief

2010-2-1MISSOURI STATE |  By: Wayman

AG land taxes

The commission recommended paising the productive value of the State's best AG land by 29% and lowering values on low-producing lots by 25%. GOP senator Bill Stouffer says in addition to crop growers, the move would hurt cattle ranchers, even though pasture land assessments would go down. It looks like the idea is all but dead. The measure now goes to the Missouri House which last week passed a similar resolution opposing a re-assessment.