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MO HB1196
Bill
Status
3/10/2015
Primary Sponsor
Jeff Messenger
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AI Summary
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Creates the "Missouri on the Go Fund" in the state treasury to encourage and promote the relocation of retirees to Missouri through marketing, specialized promotion services, and pilot programming
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Triggers a one-time $15 million appropriation when net general revenue collected exceeds the previous fiscal year by at least 3%, with subsequent annual appropriations to maintain the $15 million balance
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Fund moneys do not revert to general revenue at the end of the biennium and any investment interest earned is credited back to the fund
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Division of Tourism must submit an annual report to the General Assembly including demographic data on retirees relocating to Missouri, marketing strategies used, expenses, new initiatives, and estimated/actual fiscal benefits
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Remaining funds after primary purposes may be used for staffing and operating expenses of the Division of Tourism's program activities and accountability functions
Legislative Description
Establishes the Missouri on the Go Fund to advertise Missouri to retirees in other states
Last Action
Referred: Select Committee on Commerce(H)
4/21/2015