October Term 2000 · Docket 99-1792
Can states tax banks for cooperatives?
Missouri seeks to tax a cooperative bank. The bank claims federal law blocks that tax.
Verified source milestones
- — An official oral-argument transcript was verified.
The arguments, in order
This case may have been argued more than once. Each entry below uses that session's official transcript. Later arguments do not erase earlier ones.
Argument 1 ·
What happened at the argument
Missouri argues Congress implicitly authorized state taxation in 1933.
The bank argues federal law exempts it from state taxes.
The bank claims it formed in 1989.
The bank denies liability before its formation date.
Read the official transcript for this argument · Official argument details
Sources used for this argument breakdown
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
- Official Supreme Court Transcript — file page 3, lines 5-15 — Transcript, file page 3, lines 5-15
- Official Supreme Court Transcript — file page 48, lines 15-17 — Transcript, file page 48, lines 15-17
A citizen's guide to the whole case
What this case is about
This case tests state tax power over federal cooperative banks.
Official sources for this section
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
How the case got here
The Supreme Court heard oral argument in this case on November 28, 2000.
Official sources for this section
- Official Supreme Court Transcript — file page 3, lines 5-15 — Transcript, file page 3, lines 5-15
What each side wants
Missouri wants to collect state income tax from the bank.
The bank wants to avoid state income tax entirely.
Official sources for this section
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
What each side says
Missouri argues Congress implicitly allowed states to tax these banks.
The bank argues federal law exempts it from state taxes.
Official sources for this section
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
What the justices asked
When did the bank become subject to state tax liability?
Does federal law preempt state taxation of cooperative banks?
Official sources for this section
- Official Supreme Court Transcript — file page 48, lines 15-17 — Transcript, file page 48, lines 15-17
Why it matters
State budgets rely on broad tax bases. Federal banking structures affect state revenue. This dispute defines the boundary between state and federal power.
Official sources for this section
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
What happens next
This article currently covers the argument record. Use the official docket link for later case activity.
Official sources for this section
- Official Supreme Court Transcript — file page 3, lines 5-15 — Transcript, file page 3, lines 5-15
- Official Supreme Court Transcript — file page 48, lines 15-17 — Transcript, file page 48, lines 15-17
Official Court provenance
Official docket and case history · Official Supreme Court oral-argument detail page
Title and summary sources
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
- Official Supreme Court Transcript — file page 14, lines 35-19 — Transcript, file page 14, lines 35-19
- Official Supreme Court Transcript — file page 19, lines 23-31 — Transcript, file page 19, lines 23-31
- Official Supreme Court Transcript — file page 3, lines 17-25 — Transcript, file page 3, lines 17-25
Revision history
- Revision 1 · Official Transcript ·
Correction: Rewritten to the concise citizen-facing editorial standard.
- Revision 2 · Official Transcript ·
Correction: Migrated to the dated official Court activity contract without model use.