The proposed bill amends chapter 67 of Missouri law by adding a new section, 67.998, which allows the governing body of any county to impose a sales tax of up to one-fourth of one percent on all retail sales within the county. This tax is specifically designated for funding senior services and must be approved by voters in the county through a ballot measure. The revenue generated from this tax, after deducting one percent for collection costs, will be allocated solely for services deemed necessary by a newly established senior service tax commission. The bill outlines the process for implementing the tax, including the requirement for a separate statement of the tax on sales receipts and the establishment of a special trust fund for the collected revenue. Additionally, the bill provides mechanisms for the repeal of the tax, allowing voters to decide on its continuation or termination. If a petition signed by ten percent of registered voters is submitted, the governing body must present the repeal question to the electorate. The bill also stipulates that any remaining funds in the trust fund after the tax is repealed must continue to be used for designated purposes, and it establishes the framework for the senior services tax commission, which will oversee the allocation of the tax revenue.

Statutes affected:
Introduced (6527H.01): 67.998