FIRST REGULAR SESSION
SENATE BILL NO. 35
90TH GENERAL ASSEMBLY
INTRODUCED BY SENATOR JOHNSON.
Pre-filed December 1, 1998, and 1,000 copies ordered printed.
TERRY L. SPIELER, Secretary.
L0609.01I
AN ACT
To repeal section 92.336, RSMo 1994, relating to the Kansas City convention and tourism tax, and to enact in lieu thereof one new section relating to the same subject.
Section A. Section 92.336, RSMo 1994, is repealed and one new section enacted in lieu thereof, to be known as section 92.336, to read as follows:
92.336. The revenues received from the tax authorized under sections 92.325 to 92.340 shall be used exclusively for the advertising and promotion of convention and tourism business for the city from which it is collected, subject to the following requirements:
(1) Not less than [thirty] forty percent of the proceeds of any tax imposed [under] pursuant to subdivision (1) of section 92.327 shall be appropriated and paid to a general not for profit organization, with whom the city has contracted, and which is incorporated in the state of Missouri and located within the city limits of such city, established for the purpose of promoting such city as a convention, visitors and tourist center with the balance to be used for operating expenses and capital expenditures, including debt service, for sports, convention, exhibition, trade and tourism facilities located within the city limits of the city;
(2) Not less than ten percent of the proceeds of any tax imposed [under] pursuant to subdivision (1) of section 92.327 shall be appropriated to a fund that hereby shall be established and called the "Neighborhood Tourist Development Fund". Such moneys from said funds shall be paid to not for profit neighborhood organizations with whom the city has contracted, and which are incorporated in the state of Missouri and located within the city limits of such city established for the purpose of promoting such neighborhood through cultural, social, ethnic, historic, educational, and recreational activities in conjunction with promoting such city as a convention visitors and tourist center;
(3) The proceeds of any tax imposed [under] pursuant to subdivision (2) of section 92.327 shall be used by the city only for capital expenditures, including debt service, for sports, convention, exhibition, trade and tourism facilities located within the city limits of the city.