MO HB2074

Establishes an annual three-day sales tax holiday beginning at 12:01 a.m. on the third Friday in September and ending at midnight on the following Sunday, starting in 2010.

Exempts retail sales of sportsman equipment (firearms, ammunition, bows, arrows, fishing rods, reels, and lures) from state sales tax during the holiday period.

Allows political subdivisions to opt out of the local sales tax holiday by notifying the Department of Revenue at least 30 calendar days before the holiday begins each year.

Requires retailers where qualifying sportsman equipment represents less than 2 percent of merchandise to offer sales tax refunds instead of the holiday exemption.

Sunsets the program on December 31st six years after the effective date unless reauthorized by the General Assembly; if reauthorized, the program sunsets on December 31st twelve years after reauthorization.