MO HB45

Extends the freeze on state user fee increases from four years to five years beginning August 28, 2009, with exceptions for federal program implementation and legislative action.

Increases the small business employee threshold from 25 to 50 full-time or part-time employees for purposes of regulatory rule exemptions and compliance requirements.

Allows small businesses with fewer than 50 employees to claim income tax deductions of $10,000 per new job created (or $20,000 if offering health insurance covering at least 50% of premiums) for tax years 2011-2014.

Requires state agencies to either certify that new rules do not adversely impact small businesses, certify necessity for public safety, or exempt small businesses from coverage during the five-year period.

Establishes the small business job creation deduction program with automatic sunset on December 31st, three years after the effective date, unless reauthorized by the legislature.