Summary of the Committee Version of the Bill

HCS HB 363 -- NONRESIDENT ENTERTAINER AND PROFESSIONAL ATHLETE
INCOME TAX DISTRIBUTION

SPONSOR:  Hoskins, 80 (Silvey)

COMMITTEE ACTION:  Voted "do pass" by the Special Committee on
Urban Issues by a vote of 5 to 4.

Currently, the Missouri Arts Council Trust Fund receives, in
addition to its annual budget, 60% of the annual estimate of
taxes generated from the nonresident entertainer and professional
athletic team income tax.  However, no more than $10 million can
be appropriated to the council in any fiscal year.  This
substitute reduces the amount the trust fund receives to 50% of
the estimated revenues received from the tax and removes the
council's appropriation cap.

For fiscal years 2010 to 2017, the substitute requires the
greater of $2 million or 10% of the annual estimate of revenue
generated by the tax to be annually transferred from the General
Revenue Fund to the newly created Missouri Juneteenth Heritage
and Jazz Festival and Memorial Fund for the Missouri Juneteenth
Heritage and Jazz Festival and Memorial to be celebrated in
Kansas City, Springfield, St. Louis City, and St. Louis County.
Any moneys in the fund at the end of the biennium will not revert
to the General Revenue Fund.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of
$2,000,000 in FY 2010, FY 2011, and FY 2012.  Estimated Income on
Other State Funds of $2,000,000 in FY 2010, FY 2011, and FY 2012.

PROPONENTS:  Supporters say that several years ago the
legislature established the jazz festival without a funding
account.  The bill creates a fund but does not require a certain
amount to be deposited into the fund.  The bill does not take
funds from anyone.  The jazz festival would like to become an
equal partner in the tax distribution.  The jazz festival has a
$10 to $20 million impact each year and is a tourism model that
draws upon a large region.  The additional funds will help find
ways to better support the festival.

Testifying for the bill were Representative Silvey; Kenneth
Mosley, East Meets West of Troost; Juneteenth Heritage and Jazz
Festival, Incorporated; and Anita Dixon.

OPPONENTS:  Those who oppose the bill say that the festival
should not be guaranteed a minimum contribution.

Testifying against the bill was Telecommunications Association of
Missouri.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:24 am