HB 916 -- TAX EXEMPTION FOR VETERANS' ORGANIZATIONS

SPONSOR:  Dougherty

COMMITTEE ACTION:  Voted "do pass" by the Special Committee on
Veterans by a vote of 11 to 0.

Currently, bingo pull-tab card suppliers are required to pay a
tax equal to 2% of the gross receipts of the retail sales value
charged for each pull-tab card sold in Missouri.  This bill
exempts veterans' organizations from this tax.

FISCAL NOTE:  No impact on General Revenue Fund in FY 2008, FY
2009, and FY 2010.  Estimated Cost on Other State Funds of
$283,000 in FY 2008, $339,000 in FY 2009, and $339,000 in FY
2010.

PROPONENTS:  Supporters say that the bill will save veterans'
organizations about $250,000 annually which can be used for
community and veterans' programs.

Testifying for the bill were Representative Dougherty; and George
Newell, Missouri Association of Veterans Organizations.

OPPONENTS:  There was no opposition voiced to the committee.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am