HB 952 -- Independence Day Sales Tax Holiday

Sponsor:  Sutherland

This bill establishes the Independence Day Sales Tax Holiday
which, beginning January 1, 2009, authorizes a state sales and
use tax exemption on the purchase of all tangible personal
property in the state and all taxable retail services rendered in
the state every year during the period of July 4 through July 31.
Retailers may offer a sales tax refund in lieu of the sales tax
holiday when less than 2% of their sales qualifies for the
holiday.  Any political subdivision may adopt an ordinance or
order to opt into the holiday.

The provisions of the bill will expire December 31 six years from
the effective date.

The bill contains an emergency clause.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:26 am