HCSHB1263--PROTECTINGMISSOURI'SSMALLBUSINESSESACT(Brown
(16))
COMMITTEEOFORIGIN:StandingCommitteeonGovernmentEfficiency
andDownsizing
Thisbillestablishesthe"ProtectingMissouri'sSmallBusinesses
Act".
ThisbillrequiresthestateofMissourianditspolitical
subdivisionstogivecarefulconsiderationandappropriateconcern
forthelastingeffectsofactionstakenduringashutdownorder
thatadverselyaffecttheeconomicviabilityandwell-beingof
Missouriansandbusinesses.
ThebillprovidesthatbeginningJanuary1,2024,ifanypolitical
subdivisionwithjurisdictionoverabusinessimplementsany
shutdownorderandthebusinessclosesduetotheshutdownorder
foratleast21consecutivedaysoratleast45cumulativedays,
thefollowingrequirementsapply:
(1)Waivingofanyfeeforabusinesslicenseduringtheperiodof
theshutdownorderorsixmonths,whicheverislonger;and
(2)Reducingtherealandpersonalpropertytaxliabilityofthe
businessbasedonthenumberofdaysthebusinesswasshutdownin
agivenyear,asfurtherexplainedinthebill.
Ifataxpayerrentsorleasesalloraportionofthetaxpayer's
affectedrealpropertytooneormorerentersorlessors,the
taxpayershalldoaproratadistributionoftheamountbywhich
thetaxliabilityisreduced,totherentersorlessorswhoare
currentonallleaseorrentalpayments.
Thisbillisnottobeconstruedasanexemptionofpropertyfrom
taxationthatrequiresthestatetoproviderestitutionor
replacementoflostrevenuestoapoliticalsubdivision.
ThisbillissimilartoHB2753(2022)andHCSHB1408(2021).