MO HB2077

Creates a new "Surplus Revenue Fund" in the state treasury to be managed by the state treasurer, with interest and investment earnings credited back to the fund.

Deposits into the fund are triggered if Missouri general revenue collections (net of refunds) exceed $16.834 billion during the fiscal period July 1, 2013 through June 30, 2015, with deposits capped at $215 million.

Any surplus revenue fund moneys do not revert to the general revenue fund at the end of the biennium and remain available for appropriation by the general assembly.

Requires all tax refunds owed to Missouri taxpayers for the two-year fiscal period ending June 30, 2015, to be paid in full by that date.