SB50 - Prohibits political subdivisions that participate in the St. Louis County sales tax pool from receiving sales tax revenue to the extent that more than 50% of their annual general operating revenues come from traffic fines

SB 50

Prohibits political subdivisions that participate in the St. Louis County sales tax pool from receiving sales tax revenue to the extent that more than 50% of their annual general operating revenues come from traffic fines

Sponsor:

Sifton

LR Number:

0324S.02I

Committee:

Jobs, Economic Development and Local Government

Last Action:

1/15/2015 - Second Read and Referred S Jobs, Economic Development and Local Government Committee

Journal Page:

S115

Title:

Calendar Position:

Effective Date:

August 28, 2015

Current Bill Summary

SB 50 - Any municipality located in St. Louis County that participates in the sales tax pool under current law shall not receive any amount of moneys to which the municipality would otherwise be entitled to the extent that the municipality receives more than fifty percent of its annual general operating revenue from traffic violations. Any excess amount of such sales tax revenue shall be turned over the Department of Revenue for distribution to schools within the county in the same manner that all penalty proceeds are distributed.

MICHELA BIRK

Amendments