HB 381 -- School District Tax Alternatives

Co-Sponsors:  Holand, Davis (122), Dixon, Bough, Avery

This bill allows school districts to adopt by voter approval a
personal income tax, sales tax, or both.  Moneys raised by the
taxes would not be deducted from a district's state school aid.
For either tax, the school district must specify the purpose of
the tax and the period of time for which the tax will be imposed,
not to exceed three years.  The income tax is a 5, 10, or 15%
surcharge on state personal income tax.  The sales tax may be up
to one cent, in eighth-cent increments.  The income tax may also
be used for property tax reduction, in which case it may run up
to five years.  The bill contains technical provisions for the
handling and transfer of funds and for the conduct of the
elections.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:11 am