HB 165 -- 2007 Municipal Telecommunications Business License Tax
Simplification Act

Sponsor:  Cooper (120)

This bill establishes the 2007 Municipal Telecommunications
Business License Tax Simplification Act and changes the laws
regarding the telecommunications business license tax.  The bill
limits a business license flat tax amount to $27,500 or less.
After July 1, 2008, any municipality may impose this tax on a
telecommunications company for the privilege of doing business
within its borders if the municipality amends its business
license tax ordinance to include the new tax rate, tax base
definitions, and provisions.

The maximum rate of the gross receipts percentage for any
municipality is 5% unless the actual calculated rate is greater
than 5%.  If the calculated rate is greater than 5%, the maximum
rate of the gross receipts percentage for the municipality is
adjusted to be revenue neutral based on revenues collected and
forecasted for July 1, 2008, to June 30, 2009; half of the
difference between the determined rate and 5% for July 1, 2009,
to June 30, 2010; and 5% for July 1, 2010, and thereafter.

If a telecommunications company pays its deemed past liability to
a municipality by January 1, 2008, the telecommunications company
is entitled to full immunity and any pending lawsuits with
respect to all periods up to and including July 1, 2008, will be
dismissed.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am