MO HB726

Designates June 19th (Juneteenth) as "Emancipation Day" in Missouri to reflect upon the Emancipation Proclamation and the abolishment of slavery, with state organizations requested to devote part of the day to remembrance activities.

Establishes the "Missouri Juneteenth Heritage and Jazz Festival and Memorial" to be held in specified jurisdictions (home rule cities over 400,000 inhabitants spanning multiple counties, independent cities, or charter counties over 950,000 inhabitants) and creates a monument to commemorate the struggles of enslaved people.

Creates the "Missouri Juneteenth Heritage and Jazz Festival and Memorial Fund" in the state treasury, with funds managed by the state treasurer and used solely for the festival and monument purposes, with unexpended balances carrying forward rather than reverting to general revenue.

Redirects a portion of income tax revenue collected from nonresident entertainers and professional athletes: transfers the greater of $2 million or 10% of such tax revenues (for fiscal years 2014-2016) to the Juneteenth fund instead of previous allocations to arts, humanities, library, and public broadcasting programs.

Maintains a 2% withholding requirement on compensation over $300 paid to nonresident entertainers and professional athletes, with quarterly remittance to the director of revenue.