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MO HB1703
Bill
Status
1/30/2014
Primary Sponsor
Brandon Ellington
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AI Summary
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Designates June 19th as "Emancipation Day" in Missouri to commemorate the abolishment of slavery and the Emancipation Proclamation, encouraging reflection and celebration by government, educational, commercial, and civic organizations.
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Establishes the "Missouri Juneteenth Heritage and Jazz Festival and Memorial" to be celebrated in home rule cities with over 400,000 residents spanning multiple counties, independent cities, or charter counties with over 950,000 residents, and creates a monument to commemorate the struggles of enslaved people.
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Creates the "Missouri Juneteenth Heritage and Jazz Festival and Memorial Fund" in the state treasury to receive dedicated revenue, with funds retained at the end of each biennium rather than reverting to general revenue.
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Requires a 2% withholding tax on compensation paid to nonresident entertainers and professional athletes for performances exceeding $300, with quarterly remittance to the director of revenue.
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Redirects tax revenue from nonresident entertainers and professional athletes: beginning January 1, 2014, transfers the greater of $2 million or 10% of annual estimated taxes to the Juneteenth fund, while reducing allocation to the Missouri Arts Council from 60% to 50%.
Legislative Description
Creates the Missouri Juneteenth Heritage and Jazz Festival and Memorial Fund and changes the distribution of funds from the professional athletes and entertainers tax
Last Action
Voted Do Pass (H)
4/8/2014