MO HB308

Lowers the cap on traffic fine revenue that cities, towns, villages, and counties may retain from 30% to 15% of annual general operating revenue

Requires all traffic fine and court cost revenues exceeding the 15% threshold to be sent to the Missouri Department of Revenue for distribution to county schools

Municipalities that fail to submit accurate or timely financial reports, or fail to remit excess revenues, lose jurisdiction over all traffic-related charges in their municipal courts until compliance is achieved

Municipalities may dispute excess revenue determinations by submitting to an annual audit by the state auditor under Article IV, Section 13 of the Missouri Constitution

Traffic fine revenue percentages must be included in the comprehensive annual financial report submitted to the state auditor under section 105.145