MO SB15

Establishes the "Study Commission on State Tax Policy" comprising members of the joint committee on tax policy, state treasurer, state budget director, department of revenue director, and various appointed representatives from taxpayer groups, business community, accounting and legal professions

Commission must hold at least five public hearings in different geographic regions of the state to review the state's tax structure, including tax sources, collection procedures, and administrative regulations

Duties include identifying strengths and weaknesses of state tax laws, developing improvements to modernize the tax system, investigating methods to simplify tax compliance, and reducing administrative costs

Preliminary report due December 31, 2016; final report due December 31, 2017, with recommendations for legal and administrative changes and proposed legislation

Commission members serve without compensation but receive expense reimbursement; commission ceases all activities by January 1, 2018, with the section expiring August 28, 2018