MO HB400

Removes the blanket prohibition on cities and counties already imposing a transient guest tax from imposing an additional tax, allowing certain jurisdictions to impose taxes concurrently under specified conditions.

Prohibits cities not already imposing a transient guest tax from imposing one if located wholly or partially within a county that already imposes such a tax solely on hotel and motel sleeping room charges.

Maintains the maximum transient guest tax rate at 5 percent per occupied room per night, except for third-class cities with more than 2,500 hotel and motel rooms in counties of the first class where another transient guest tax is already imposed, which may impose up to 0.5 percent.

Requires voter approval via ballot proposition before any transient guest tax becomes effective, with the tax taking effect on the first day of the second calendar quarter following the election if approved by a majority of voters.

Specifies that tax proceeds must be used solely for promoting tourism and, under section 67.1005, for funding a convention and visitors bureau that is a general not-for-profit organization contracted with the city or county.