HB2431 allows certain Missouri cities to impose a local sales tax for public safety improvements, subject to voter approval.
HB2431 authorizes specific Missouri cities to levy a local sales tax, up to one-half of one percent, for public safety improvements. The tax applies to cities with populations ranging from more than four thousand to less than one hundred eighty-eight thousand inhabitants. The tax revenue is deposited into a special trust fund, used solely for public safety expenditures. The tax is subject to voter approval and cannot be enacted sooner than twelve months after the last proposal. If approved, the tax remains in effect until abolished by the city or terminated by other means.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.