SB 880 – Authorizes the Department of Revenue to enter into reciprocal agreements with the federal government and other states to recover debts from vendor payments and refunds

• Sponsor: Sifton
• LR Number: 6070S.01I
• Committee: Governmental Accountability and Fiscal Oversight
• Last Action: 3/12/2014 - Hearing Conducted S Governmental Accountability and Fiscal Oversight Committee
• Effective Date: August 28, 2014

Current Bill Summary

SB 880 - This act authorizes the Department of Revenue to enter into a reciprocal collection agreement with the federal government. Under the agreement, the federal government will withhold payment to vendors providing services or goods to the federal government an amount equal to the debt owed the state of Missouri. The state of Missouri will also withhold from vendors providing services or goods to the state of Missouri and from state tax refunds an amount equal to the nontax debt owed the federal government by the vendor or individual.

The Department of Revenue is also authorized to enter into a similar agreement with other states.

This act is similar to HB 1679 (2014) and HB 553 (2013). This act is similar to a provision of HB 1677 (2014), HCS/HBs 521 & 579 (2013), and HB 1542 (2012).

MIKE HAMMANN