MO HB631

Allows individuals and corporations to designate $1 or more from tax refunds (or $2 or more on combined returns) to the American Red Cross Trust Fund, effective for taxable years beginning January 1, 2011.

Allows individuals and corporations to designate $1 or more from tax refunds (or $2 or more on combined returns) to the Developmental Disabilities Waiting List Equity Trust Fund, effective for taxable years beginning January 1, 2011.

Creates two dedicated state treasury trust funds managed by the state treasurer, with the Department of Revenue depositing contributions monthly and deducting collection costs from corporate contributions only.

Designates funds for the American Red Cross distribution by the state treasurer and for the Developmental Disabilities fund to provide community services to people with developmental disabilities on waiting lists through the Department of Mental Health.

Both programs automatically sunset on December 31 six years after enactment unless reauthorized by the general assembly, with extended sunset provisions if reauthorization occurs.