Summary of the Perfected Version of the Bill

HS HCS HB 1290 -- INCOME TAX:  CONTRIBUTION OF REFUNDS
(Portwood)

This substitute authorizes an income tax designation to be
printed on the Missouri income tax form for the purpose of
donating a portion of a taxpayer's or corporation's refund to
certain charities with a health-related mission.

Donations can be made to the American Cancer Society Heartland
Division, Inc. Fund, the ALS Lou Gehrig's Disease Fund, the
American Lung Association of Missouri Fund, the Arthritis
Foundation Fund, the Muscular Dystrophy Association Fund, the
American Heart Association Fund, the March of Dimes Fund, the
Gateway Area Diabetes Association Fund, or the National Multiple
Sclerosis Society Fund.  The minimum contribution for each tax
return is $1, and the maximum is $200 per return.

FISCAL NOTE:  Estimated Income on General Revenue Fund of Unknown
to $39,745 in FY 2005, Unknown to $100,000 in FY 2006, and
Unknown to $100,000 in FY 2007.  No impact on Other State Funds
in FY 2005, FY 2006, and FY 2007.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:15 am