HB2796--PROTECTINGMISSOURI'SECONOMYDURINGASHUTDOWNORDER
SPONSOR: Murphy
Thisbillestablishesthe"ProtectingMissouri'sSmallBusinesses
Act".
ThebillrequirestheStateanditspoliticalsubdivisionstogive
carefulconsiderationandappropriateconcernforthelasting
effectsofactionstakenduringa"shutdownorder"asdefinedin
thebill.
ThebillspecifiesthatbeginningJanuary1,2025,ifanypolitical
subdivisionwithjurisdictionoverabusinessimplementsashutdown
orderandthebusinessclosesdueonlytotheshutdownorderforat
least21consecutivedaysoratleast45cumulativedays,the
followingrequirementsapply:
(1)Waivinganyfeeforabusinesslicenseduringtheperiodof
theshutdownorderorsixmonths,whicheverislonger;and
(2)Reducingtherealandpersonalpropertytaxliabilityofthe
businessbasedonthenumberofdaysthebusinesswasshutdownin
agivenyear,asspecifiedinthebill.
Ifataxpayerrentsorleasesalloraportionofthetaxpayer's
affectedrealpropertytooneormorerentersorlessors,the
taxpayermustdistributeaprorataamountofthereducedliability
torentersorlessorswhoarecurrentonallleaseorrental
payments. Thisbillisnottobeconstruedtoaffectprofessional
licensureanddoesnotrequiretheStatetoproviderestitutionor
toreplacelostrevenuestoapoliticalsubdivision.
ThisbillisthesameasHCSHB1263(2023).