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