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MO SB405

Bill

Status

Passed

7/6/2015

Primary Sponsor

Daniel Hegeman

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Raises the threshold from $2 million to $3 million for counties to qualify for the tiered fee structure on tax collections

  • Counties with total levies between $350,000 and $3 million collect 2.5% on the first $350,000 plus 1% on amounts above that (previously this tier applied to counties under $2 million)

  • Counties with total levies exceeding $3 million now collect a flat 1% fee on all amounts collected (previously applied to counties over $2 million)

  • Applies to county collectors in counties without township organization collecting state, county, bridge, road, school, and other local taxes

  • All fees collected are deposited into the county general fund

Legislative Description

Raises the outer threshold amount for a county to be eligible to collect a greater percentage of the total taxes collected as a fee

Last Action

Signed by Governor

7/6/2015

Committee Referrals

Select Committee on State and Local Governments5/5/2015
Local Government4/27/2015
Jobs, Economic Development And Local Government2/24/2015

Full Bill Text

No bill text available