SB1493

Missouri SB1493 allows counties to impose a sales tax to fund senior services.

Missouri SB1493 authorizes counties to impose a sales tax on retail sales within the county to fund senior services. The tax rate cannot exceed one-fourth of one percent. The revenue collected will be deposited in a special trust fund, the Senior Services Sales Tax Trust Fund, and used solely for senior services. The tax can be repealed by a majority vote of qualified voters if a petition signed by ten percent of the county's registered voters is submitted to the county governing body. The tax will become effective if approved by a majority vote in an election.