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MO HB1835

Bill

Status

Introduced

2/23/2012

Primary Sponsor

Ryan Silvey

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Repeals the sales tax exemption for newsprint, ink, computers, photosensitive paper, film, toner, printing plates, and other machinery and equipment used in producing newspapers, effective January 1, 2013.

  • Creates the "Blind Medical Subsidy Fund" in the state treasury to receive all state tax revenues collected from sales of newspaper production items.

  • Fund revenues shall be used to assist eligible blind pension recipients who are not covered by MO HealthNet benefits with payment of health care costs related to their blindness.

  • Blind individuals eligible for the fund must be 18 years or older, Missouri residents for at least one year, of good moral character, and meet property value and income limitations for pension eligibility.

  • Any unspent money in the Blind Medical Subsidy Fund at the end of a biennium shall remain in the fund rather than reverting to the general revenue fund.

Legislative Description

Removes the exemption from sales tax on the sales of newspaper supplies and equipment and requires that revenue to be used to pay for health care costs of certain blind individuals

Last Action

Voted Do Pass (H)

3/21/2012

Committee Referrals

Tax Reform3/5/2012

Full Bill Text

No bill text available