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MO HB3312
Bill
Status
Introduced
2/16/2026
Primary Sponsor
Tony Harbison
Click for details
AI Summary
- Creates a 6-year pilot program transferring local sales tax revenues from retail transactions to the purchaser's county of residence rather than the seller's county
- Applies only to purchases made by residents of seven specific small rural counties (populations ranging from 6,000-25,000) from sellers in three larger counties (populations 60,000-230,000) with annual gross receipts of $12 million or more
- Transferred revenues must first eliminate residential property tax liability for veterans, then reduce up to 30% of property taxes for senior citizens (age 65+ with household income under $90,000), with remaining funds going to county general revenue
- Establishes the "Local County Destination Sales Tax Pilot Program Trust Fund" administered by the Department of Revenue, which retains 1% for collection costs
- Requires the Department of Revenue to create unique transaction codes for each participating county to track purchases at point of sale
Legislative Description
Establishes a pilot program to direct local sales taxes on purchases back to the purchaser's county of residence
Last Action
Read Second Time (H)
2/17/2026
Full Bill Text
No bill text available