MO HB706

Authorizes first classification counties with 260,000-300,000 inhabitants (Greene County) and cities within such counties to impose a sales tax up to 0.25% for early childhood education programs

Requires voter approval at a general election before the tax can take effect; tax becomes effective on the first day of the second calendar quarter after the Department of Revenue receives notice of adoption

Creates the "Early Childhood Education Sales Tax Trust Fund" to hold revenues, with 1% retained by the state for collection costs and the remainder dedicated solely to early childhood education

Mandates voter reauthorization every five years; also allows repeal through governing body action or citizen petition signed by 10% of registered voters from the last gubernatorial election

Requires an existing community task force selected by the governing body to administer the funds, with expenditures subject to a budget approved by the county or city governing body