MO HB2092

Establishes an annual "Second Amendment Sales Tax Holiday" exempting all retail sales of firearms (handguns, rifles, and shotguns manufactured in the United States) from state sales tax for the period beginning at 12:01 a.m. on the fourth Friday in November through midnight on the following Saturday, effective January 1, 2010.

Defines "firearm" to include handguns, rifles, and shotguns manufactured in the United States, excluding antique, curio, or relic firearms and those not firing fixed cartridges.

Authorizes political subdivisions to establish local second amendment sales tax holidays by order or ordinance to exempt firearm sales from local sales taxes, requiring notification to the Department of Revenue at least 30 calendar days before the holiday begins.

Exempts retailers from the sales tax holiday if firearms comprise less than two percent of their merchandise, requiring them to offer a sales tax refund instead.

Automatically sunsets the program on December 31 six years after the effective date unless reauthorized by the General Assembly, with a 12-year sunset period if reauthorized.