MO HB1142

Establishes a tax amnesty period from July 1, 2014 to September 30, 2014 for unpaid Missouri state taxes administered by the Department of Revenue.

Waives all penalties, additions to tax, and interest for tax liabilities due on or before December 31, 2013, provided full payment is made by September 30, 2014.

Requires taxpayers to file a tax return for each taxable period, pay the full tax balance, and comply with state tax laws for eight years following the amnesty agreement to qualify.

Disqualifies taxpayers currently involved in criminal investigations or civil/criminal litigation related to state tax issues, and prevents future participation in amnesty programs for the same tax.

Becomes effective July 1, 2014 and expires December 31, 2022, with all amnesty payments deposited to the state general revenue fund.