HB 54 -- School District Tax Alternatives

Sponsor:  Dixon

This bill allows school districts to adopt by voter approval a
personal income tax, sales tax, or both.  Moneys raised by the
taxes would not be deducted from a district's state school aid.
For either tax, the school district must specify the purpose of
the tax and the period of time for which the tax will be imposed,
not to exceed three years.  The income tax is a 5%, 10%, or 15%
surcharge on state personal income tax.  The sales tax may be up
to one cent, in eighth-cent increments.  The income tax may also
be used for property tax reduction, in which case it may be
imposed up to five years.  The bill contains technical provisions
for the handling and transfer of funds and for the conduct of the
elections.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:18 pm