SB 575 – Phases out the St. Louis City earnings tax

• Sponsor: Schaefer
• LR Number: 5045S.05C
• Committee: Ways and Means
• Last Action: 5/13/2016 - Informal Calendar S Bills for Perfection--SB 575-Schaefer, with SCS, SS for SCS & SA 1 (pending)
• Title: SCS SB 575
• Effective Date: August 28, 2016

Current Bill Summary

SCS/SB 575 - Under this act, the St. Louis city earnings tax will be phased out over a period of 10 years. Starting January 1, 2017, the earnings tax will be reduced by 1/10th of 1 percent per year until the earnings tax in St. Louis is eliminated.

This act provides that the state of Missouri shall not be liable for refunding any earnings taxes collected by a city.

DOMENIC SITA