MO HB316

Extends the expiration date of the Division of Tourism Supplemental Revenue Fund from June 30, 2015 to June 30, 2020

Extends the period during which the Director of Revenue deposits general revenue to the fund based on sales tax growth from tourist-oriented businesses through fiscal year 2020

Maintains existing provisions allowing deposits to the fund when tourist-oriented sales taxes grow at least 3 percent year-over-year, with half of the excess growth deposited to the fund

Preserves the $3 million annual cap on total deposits to the supplemental revenue fund and requires the Division of Tourism to present promotional marketing strategies to legislative committees before appropriations