SB 967 - TAX ABATEMENT IN ST. LOUIS CITY - St. Louis City may not issue or allow tax abatements unless the city determines amount of revenue generated to the city as a result of the project, and pays 50% of that amount to the school district.

TRANSPORTATION AID IN METROPOLITAN DISTRICTS (ST. LOUIS CITY) - The act adds a provision specifically governing transportation aid to metropolitan school districts, which divides the transportation operations of such districts into five portions, guaranteeing reimbursement of 100% of allowable costs for transportation pursuant to a program to reduce student mobility, and 75% of allowable costs for the magnet/regular integrated, special education and other court-ordered transportation portions.

TAXING AUTHORITY OF METROPOLITAN DISTRICTS - The act gives the Board of St. Louis Public Schools the authority to impose the same types of taxes as may be imposed by the City of St. Louis, subject to the approval of a majority of voters.

GAMING BOAT LOSS LIMITS - The act eliminates the $500 betting limit on gambling boats.

DISTRIBUTION OF GAMING REVENUES - The act provides that any net increase in profit caused by the removal of the loss limit would be paid directly to the school district in which the gambling boat is situated.

EDUCATION SALES TAX IN ST. LOUIS COUNTY AND CITY- Authorizes St. Louis County and the City of St. Louis to impose a one-half cent sales tax to be disbursed to school districts in the city or county on the basis of the number of resident pupils in the district. The tax must be authorized by the governing body of the city or county and approved by the voters.
OTTO FAJEN