Loading chat...
MO HB641
Bill
Status
1/22/2015
Primary Sponsor
Andrew Koenig
Click for details
AI Summary
-
All new local sales taxes or tax increases enacted on or after January 1, 2016, must be submitted to voters for retention or repeal every 10 years using the same voting procedure as the original imposition
-
Local sales taxes used for bond debt service require voter review every 30 years instead of 10 years
-
If voters reject retention, the tax is repealed effective December 31 of that calendar year
-
Municipalities with sales tax rates below 1% as of January 1, 2016, are exempt until they impose or increase rates above 1%
-
Local sales taxes not originally approved by voters must be reviewed for retention or repeal every 10 years by the original imposing authority
Legislative Description
Modifies provisions relating to sales tax
Last Action
Referred: Veterans(H)
5/15/2015