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MO HB2600
Bill
Status
Engrossed
3/31/2016
Primary Sponsor
Tom Flanigan
Click for details
AI Summary
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Updates the Surplus Revenue Fund fiscal period from July 1, 2013–June 30, 2015 to July 1, 2015–June 30, 2017
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Raises the general revenue collection threshold that triggers surplus fund deposits from $16.834 billion to $18.207 billion
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Reduces the maximum deposit cap into the Surplus Revenue Fund from $215 million to $127.3 million
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Changes the revenue calculation method from "net of refunds" to "less refunds and transfers to general revenue"
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Requires all taxpayer refunds owed during the fiscal period to be paid in full by June 30, 2017
Legislative Description
Changes the laws regarding the surplus revenue fund
Last Action
Second read and referred: Senate Appropriations(S)
4/6/2016
Committee Referrals
Fiscal Review3/30/2016
Select Committee on Budget2/24/2016
Full Bill Text
No bill text available