Taxation Law

SS SCS HCS HB 45 – Small business tax relief (See Business Law)

SS#2 SCS HCS HB 111 – Judicial procedures (See Judicial Administration)

CCS SCS HB 142 – Political subdivisions (See Local Government)

SCS HB 149 – Missouri Military Family Relief Fund (See Military Law)

HB 151 – Designation of tax refunds to the Organ Donor Program Fund Beginning January 1, 2011, this bill authorizes an individual or corporation to designate at least $2 on a Missouri individual income tax return or at least $4 on a combined return of his or her tax refund amount to the Organ Donor Program Fund.  A taxpayer may also donate to the fund by sending a separate check with the payment of his or her taxes. The provisions of the bill will expire December 31 six years from the effective date. (Signed 7/11/11)

SS SCS HCS HB 161 – Certain taxes imposed by political subdivisions (See Local Government)

SS#2 SCS HCS HB 294, 123, 125, 113, 271 & 215 – Firearms (See Licensing)

SS SCS HCS HB 431 – Foster care and adoption (See Family & Juvenile Law)

CCS SS HB 458 – Agriculture (See Agricultural Law)

SS SCS HCS HB 470 & 429 – Nonresident entertainer and professional athletic team member income tax Exempts a not-for-profit entity that receives no benefit from a nonresident entertainer’s appearance other than the entertainer’s performance from the withholding requirement of the nonresident entertainer and professional athletic team member income tax. (Signed 7/1/11)

SCS HCS HB 506 – Property tax levies (See Property Law)

SCS HCS HB 631 – Designation of tax refunds to certain funds  Beginning January 1, 2011, this bill authorizes an individual or corporation to designate at least $1 on a Missouri individual income tax return or at least $2 on a combined return of his or her tax refund amount to the newly created American Red Cross Trust Fund and the newly created Developmental Disabilities Waiting List Equity Trust Fund.  Moneys in the Developmental Disabilities Waiting List Equity Trust Fund cannot be used to offset any general state revenues. The provisions of the bill will expire December 31 six years from the effective date. (Signed 7/12/11)

SCS HB 737 – Assessment of levy of property taxes  Allows any political subdivision that approved a tax increase after August 27, 2008, to levy a rate to collect substantially the same amount of tax revenue as would have been collected by applying the voter-approved increased tax rate ceiling to the total assessed valuation of political subdivision on or before the election date, increased by the percentage increase in the federal Consumer Price Index.  The rate, however, cannot exceed the greater of the most recent voter-approved rate or the more recent voter-approved adjusted rate.  Changes the laws regarding renewable energy in enhanced enterprise zones and the taxation of hydroelectric power generating equipment. (Signed 7/7/11)

SCS/SB 19 – Corporate franchise tax Beginning January 1, 2012, this bill reduces over a five-year period, the annual corporate franchise tax rate form one-thirty-seventh of 1% until no tax is imposed beginning January 1, 2016.  The annual tax liability of a corporation for corporate franchise tax for 2011 through 2015 is limited to the amount of the corporation’s tax liability for tax year 2010.  If a corporation did not have a corporate franchise tax liability in 2010 because the corporation was not doing business within the state or did not exist, the corporation’s franchise tax liability for its first full taxable year of existence. (Signed 4/26/11)

CCS/HCS/SB 48 – Utilities (See Utilities Law)

SS SB 55 – Tax classification of sawmills Classifies certain sawmills or planning mills as agricultural and horticultural property instead of commercial property for property taxation purposes. (Signed 7/13/11)

CCS SCS SB 81 – Education (See Education & School Law)

CCS HCS#2 SCS SB 117 – Taxes imposed by political subdivisions Changes numerous laws regarding taxes imposed by political subdivisions. 

Specifies that in all cases where lands have been or may be sold for delinquent taxes and a certificate of purchase has been or may be issued, it is the duty of the purchaser, his or her heirs or assigns, to cause all subsequent taxes to be paid on the property purchased prior to the issuance of a collector’s deed. Upon the purchaser’s forfeiture of all rights of the property acquired by the certificate of purchase issued and including the nonpayment of all subsequent years’ taxes, it is the responsibility of the collector to record the cancellation of the certificate of purchase in the office of the county recorder of deeds.

The bill contains an emergency clause regarding a hospital sales tax in Iron County. (Signed 6/9/11)

CCS HCS SB 173 – Transportation and infrastructure (See Transportation Law)

CCS HCS SS SB 226 – Emergency Services Changes the laws regarding emergency services.  In its main provisions, the bill:

(1)  Authorizes, beginning January 1, 2011, an individual or corporation to designate at least $2 on a Missouri individual income tax return or at least $4 on a combined return of his or her tax refund amount to the Organ Donor Program Fund.  A taxpayer may also donate to the fund by sending a separate check with the payment of his or her taxes (Section 143.1016, RSMo);

(2)  Authorizes any ambulance district established under Chapter 190 on or after August 28, 2011, with the exception of an ambulance district in St. Louis County, to impose, upon voter approval, a sales tax of up to 0.5% in lieu of a property tax to fund the district.  A petition to establish an ambulance district must state whether it will be funded by a property or a sales tax.  If the sales tax is approved, the governing body of the ambulance district must lower its tax rate by an amount equal to 50% of the amount of sales tax collected in the preceding year. The Department of Revenue will deposit the sales tax in the newly created Ambulance District Sales Tax Trust Fund less 1% of the amount collected which is to be deposited into the General Revenue Fund for the cost of collecting the sales tax (Sections 190.015, 190.035, and 190.040);

(3)  Establishes a procedure by which an ambulance district board member may be recalled from office by the registered voters of the member’s election district; and

(4)  Repeals a provision changing the term of office for fire protection district board members in St. Charles County from six to four years (Section 321.120).
The provisions regarding the Organ Donor Program Fund will expire December 31 six years from the effective date. (Signed 7/5/11)

CCS#2 HCS SCS SB 356 – Agriculture (See Agricultural Law)

CCS#2 HCS SCS SB 284 – Pharmacies (See Health & Hospital)