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MO HB2602
Bill
Status
2/22/2016
Primary Sponsor
Rick Brattin
Click for details
AI Summary
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Authorizes Missouri Vocational Enterprise to sell products online through its website, with all online sales subject to state sales tax under chapter 144
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85% of profits from online sales must be deposited into a newly created "Correctional Officer Compensation Fund" to fund salary increases for correctional officers
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15% of online sales profits retained by Missouri Vocational Enterprise for operations
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Creates the Correctional Officer Compensation Fund in the state treasury, with the state treasurer serving as custodian and approving disbursements
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Fund moneys do not revert to general revenue at the end of the biennium and any investment interest earned is credited back to the fund
Legislative Description
Allows the Missouri Vocational Enterprise to sell products online
Last Action
Referred: Corrections(H)
5/13/2016