MO SB981

Repeals and reenacts section 94.577, RSMo, to authorize municipalities to impose a one-eighth, one-fourth, three-eighths, or one-half of one percent sales tax on retail sales for funding capital improvements and operations.

Requires voter approval through municipal or state general, primary, or special election before any sales tax ordinance becomes effective.

Establishes separate trust fund requirements: revenues from non-bond taxes must be used solely for capital improvements and their maintenance; revenues from bond-backed taxes must retire bonds first, then fund maintenance.

Adds new subsection 10 authorizing home rule cities with more than 400,000 inhabitants located in multiple counties to impose the same sales tax rates specifically for public safety activities, including operations and capital improvements.

Prohibits taxes under this section in cities not within a county from funding sports facilities, stadiums, recreational complexes, or related infrastructure.