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MO HB1058
Bill
Status
2/17/2014
Primary Sponsor
Galen Higdon
Click for details
AI Summary
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Repeals sections 311.240 and 311.730 and enacts three new sections (311.240, 311.730, and 311.735) relating to alcohol regulation fees and trust fund establishment
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Changes references from "supervisor of liquor control" to "supervisor of alcohol and tobacco control" throughout the licensing provisions
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Establishes the "Alcohol and Tobacco Control Trust Fund" as a special trust fund in the state treasury to receive fees collected under alcohol and tobacco control laws, excluding fees from sections 311.550 and 311.554
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Directs the state treasurer to invest trust fund moneys in the same manner as surplus state funds, with all investment earnings credited back to the fund
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Restricts appropriations from the trust fund to support the division of alcohol and tobacco control for administration and regulation of liquor control and tobacco laws
Legislative Description
Creates the Alcohol and Tobacco Control Trust Fund consisting of specified fees collected by the Director of Revenue to be used for the administration and regulation of the liquor control and tobacco laws
Last Action
Public Hearing Held (S)
4/17/2014