HB1263--PROTECTINGMISSOURI'SSMALLBUSINESSESACT
SPONSOR: Brown(16)
Thisbillestablishesthe"ProtectingMissouri'sSmallBusinesses
Act".
ThisbillrequiresthestateofMissourianditspolitical
subdivisionstogivecarefulconsiderationandappropriateconcern
forthelastingeffectsofactionstakenduringastateof
emergencythatadverselyaffecttheeconomicviabilityandwell-
beingofMissouriansandbusinesses.
ThebillprovidesthatbeginningJanuary1,2024,ifanypolitical
subdivisionwithjurisdictionoverabusiness,implementsany
shutdownorder(s)aftertheGovernordeclaresastateofemergency,
andthebusinessclosesduetotheshutdownorderforatleast21
consecutivedaysoratleast45cumulativedays,thefollowing
requirementsapply:
(1)Waivingofanyfeeforabusinesslicenseduringtheperiodof
theshutdownorder(s)orsixmonths,whicheverislonger;and
(2)Reducingtherealandpersonalpropertytaxliabilityofthe
businessbasedonthenumberofdaysthebusinesswasshutdownin
agivenyear,asfurtherexplainedinthebill.
Ifataxpayerrentsorleasesalloraportionofthetaxpayer's
affectedrealpropertytooneormorerentersorlessors,the
taxpayershalldoaproratadistributionoftheamountbywhich
thetaxliabilityisreduced,totherentersorlessorswhoare
currentonallleaseorrentalpayments.
Thisbillisnottobeconstruedasanexemptionofpropertyfrom
taxationthatrequiresthestatetoproviderestitutionor
replacementoflostrevenuestoapoliticalsubdivision.
ThisbillissimilartoHB2753(2022);andHCSHB1408(2021).