MO SB1148

Repeals Section 313.055, which imposed a tax of two-tenths of one cent on each bingo card and progressive bingo game card sold by suppliers to organizations awarding prizes over $5,000 annually or $100 in a single day

Eliminates the 2% gross receipts tax on pull-tab cards that suppliers were required to pay to the commission monthly, with proceeds previously deposited in the bingo proceeds for education fund

Removes the penalty provision making it a Class A misdemeanor for suppliers who failed to pay the pull-tab card tax

Eliminates interest charges (up to 2% per month) and penalties (up to three times taxes due) for late or unpaid bingo card taxes

Retains all existing bingo equipment and supplies licensing requirements, fees, and recordkeeping obligations for manufacturers, suppliers, and hall providers