MO SB246

Designates June 19 annually as "Emancipation Day" in Missouri to commemorate the end of slavery and encourage reflection on freedom, equality, and African-American achievement through education, art, and intellectual pursuits.

Establishes the "Missouri Juneteenth Heritage and Jazz Festival and Memorial" to be celebrated in home rule cities with more than 400,000 inhabitants spanning multiple counties, cities outside counties, or charter counties with more than 1 million inhabitants, plus a monument to commemorate enslaved persons.

Creates the "Missouri Juneteenth Heritage and Jazz Festival and Memorial Fund" in the state treasury, funded by money collected under the nonresident entertainer and professional athlete income tax provisions.

Requires a 2% withholding tax on compensation to nonresident entertainers exceeding $300 and professional athletes, with quarterly remittance to the Missouri Department of Revenue.

Allocates the greater of $2 million or 10% of annual nonresident entertainer and professional athlete income tax revenues to the Juneteenth fund for fiscal years 2014-2016, subject to appropriation.