FIRST REGULAR SESSION

HOUSE BILL NO. 291

92ND GENERAL ASSEMBLY


 

 

INTRODUCED BY REPRESENTATIVES JOHNSON (90), LOWE, DARROUGH, WALKER, GEORGE,

 WHORTON, WILDBERGER, HARRIS (110), ZWEIFEL (Co-sponsors), SPRENG, YAEGER, YOUNG, WALSH, CORCORAN, BURNETT, McKENNA, GRAHAM, CARNAHAN,

JOHNSON (61) AND WILLOUGHBY.

         Read 1st time January 27, 2003, and copies ordered printed.

STEPHEN S. DAVIS, Chief Clerk

0947L.01I


 

AN ACT

To amend chapter 143, RSMo, by adding thereto one new section relating to the memorial for workers.





Be it enacted by the General Assembly of the state of Missouri, as follows:


            Section A. Chapter 143, RSMo, is amended by adding thereto one new section, to be known as section 143.1013, to read as follows:

            143.1013. 1. In each tax year beginning on or after January 1, 2004, each individual or corporation entitled to a tax refund in an amount sufficient to make a designation pursuant to this section may designate that one dollar or any amount in excess of one dollar on a single return, and two dollars or any amount in excess of two dollars on a combined return, of the refund due be credited to the workers memorial fund established in section 8.900, RSMo. The contribution designation authorized by this section shall be clearly and unambiguously printed on the first page of each income tax return form provided by this state. If any individual or corporation which is not entitled to a tax refund in an amount sufficient to make a designation pursuant to this section wishes to make a contribution to the workers memorial fund, such individual or corporation may, by separate check, draft, or other negotiable instrument, send in with the payment of taxes, or may send in separately, that amount, clearly designated for the workers memorial fund, the individual or corporation wishes to contribute and the department of revenue shall forward such amount to the state treasurer for deposit to the workers memorial fund as provided in this section.

            2. The director of revenue shall transfer at least monthly all contributions designated by individuals pursuant to this section to the state treasurer for deposit to the workers memorial fund.

            3. The director of revenue shall transfer at least monthly all contributions designated by corporations pursuant to this section, less an amount sufficient to cover the cost of collection and handling by the department of revenue, to the state treasurer for deposit to the workers memorial fund.

            4. A contribution designated pursuant to this section shall only be transferred and deposited in the workers memorial fund after all other claims against the refund from which such contribution is to be made have been satisfied.