MO HB1397

Department of Revenue shall review withholding tax collections from prior tax years to identify the month with historically lowest collection amounts.

Beginning January 1, 2015, all state employees are exempt from withholding tax during the month identified as historically lowest, while remaining subject to all other withholding requirements.

Department of Revenue may promulgate rules to implement the provisions, subject to Missouri's rulemaking procedures in chapter 536.

Program automatically sunsets December 31 six years after effective date unless reauthorized, then sunsets December 31 twelve years after reauthorization date.