MO SB242

Authorizes first classification counties with 260,000-300,000 inhabitants (Greene County) or 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, with implementation beginning the first day of the second calendar quarter after the Director of Revenue receives notice of adoption

Creates the "Early Childhood Education Sales Tax Trust Fund" to hold collected revenues, with 1% retained by the state for collection costs and the remainder distributed to the county or city

Allows repeal of the tax through voter approval at a general election, either by governing body submission or by 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 tax revenue, with expenditures subject to budget approval by the county or city governing body