Summary of the Introduced Bill

HB 795 -- Small Business Recovery

Sponsor:  Dethrow

This bill establishes the Small Business Get Off My Back Act
which provides for the recovery of small businesses.  For three
years, the bill increases the annual gross volume sales limit for
an exemption for the minimum wages from $500,000 to $1 million,
prohibits any new state regulations or user fee increases, and
allows a small business to retain 3% instead of 2% for the timely
payment allowance when remitting sales tax to the Department of
Revenue.

The bill contains an emergency clause and becomes effective
July 1, 2009, or upon its passage and approval, whichever is
later.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am