MO SB78

Allows individuals and corporations with tax refunds to designate $1 or more (single return) or $2 or more (combined return) to the Missouri military family relief fund starting January 1, 2005.

Permits taxpayers without sufficient refunds to contribute to the fund by separate check or negotiable instrument sent with tax payments.

Requires the Department of Revenue to deposit contributions monthly to the state treasurer for deposit to the military family relief fund, administered by a sergeant major of the Missouri National Guard, a sergeant major of a reserve component, and a Missouri Veterans Commission representative.

Limits corporations' contributions deposited to the fund to not exceed $70,000 annually, less administrative costs during fiscal year 2006.

Changes the fund's sunset date from the automatic sunset provisions under Missouri law to expire on December 31, 2017, and terminate on September 1, 2018.