Missouri 2023 Regular Session

Missouri House Bill HB614 Latest Draft

Bill / Introduced Version

                            FIRSTREGULARSESSION
HOUSEBILLNO.614
102NDGENERALASSEMBLY
INTRODUCEDBYREPRESENTATIVEUNSICKER.
0769H.01I	DANARADEMANMILLER,ChiefClerk
ANACT
Torepealsection32.060,RSMo,andtoenactinlieuthereofonenewsectionrelatingtothe
departmentofrevenue.
BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
SectionA.Section32.060,RSMo,isrepealedandonenewsectionenactedinlieu
2thereof,tobeknownassection32.060,toreadasfollows:
32.060.Thedirectorofthedepartmentofrevenueshallprepare,inconsultationwith
2thecommissionerofadministrationandstatetreasurer,acombinedfinancialreportforeach
3fiscalyearandsubmitsuchreporttothegovernorandthemembersofthegeneralassembly
4withinsixtydaysafterthecloseofthefiscalyear.Thisreportshallcontainaninterpretative
5summaryofthefinancialstatusofthestate,includingastatementoftheincomeintoeach
6fund,sourcesofincome,unencumberedbalancesineachfund,programsforwhich
7expendituresweremade,unencumberedbalancesbyappropriations,andestimatesofrevenue
8forthecomingfiscalyearfromthevarioussources.Thereportalsoshallshowthestate's
9indebtedness,itstotalunencumberedbalance,portionsofsuchbalanceasmaybeinvested,
10andthedepositariesinwhichstatefundsarelocated,togetherwiththetypeofdeposit,and
11suchotherinformationasmaybeincludedatthediscretionofthedirectorofrevenueorthe
12governor.Thereportshallalsoincludethetotaldollaramountoftaxcreditsclaimedby
13corporationsonMissouristateincometaxreturnsforthemostrecentlyendedtaxyear.
EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage.
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