SB 530 – Makes authorizations for allocations of nonresident entertainer and athlete income tax revenues perpetual

• Sponsor: Schaaf
• LR Number: 4330S.01I
• Committee: Ways and Means and Fiscal Oversight
• Last Action: 1/5/2012 - Second Read and Referred S Ways and Means and Fiscal Oversight Committee
• Journal Page: S62
• Effective Date: August 28, 2012

Current Bill Summary

SB 530 - Current allocations of tax revenues derived from the nonresident entertainer and athlete tax to the Missouri arts council trust fund, the Missouri humanities council trust fund, the Missouri state library networking fund, Missouri public television broadcasting corporation special fund, and the Missouri historic preservation revolving fund are authorized to be made for all taxable years beginning on or after January 1, 1999, but ending on or before December 31, 2015. This act will allow such allocations perpetually.

This act is identical to SB 293 (2011) and HB 429 (2011).

EMILY KALMER