HB 1387 -- Firearms and Ammunition Sales Tax Holiday

Sponsor:  Gatschenberger

This bill establishes the Firearms and Ammunition Sales Tax
Holiday which authorizes, beginning January 1, 2010, an annual
state sales and use tax exemption on purchases of all firearms
and ammunition during three days beginning at 12:01 a.m. on the
third Friday in October.  Retailers must offer a sales tax refund
in lieu of the sales tax holiday when less than 2% of their sales
qualify for the holiday.  Any political subdivision may adopt an
order or ordinance to opt into the holiday.

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

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:10 pm