SJR 22 – Authorizes the creation of Show-me Small Business Districts

• Sponsor: Callahan
• LR Number: 3082S.01I
• Committee: Progress and Development
• Last Action: 5/14/2010 - S Informal Calendar S Bills for Perfection--SJR 22-Callahan
• Effective Date: Upon Voter approval

Current Bill Summary

SJR 22 - This proposed constitutional amendment, if approved by voters, would allow for the creation of discrete tax-free or reduced-tax geographic districts for the purpose of promoting small business development to further economic development in such districts. No such district may maintain tax-favored status for a term longer than twenty-three years.

JASON ZAMKUS