Missouri 2024 Regular Session

Missouri Senate Bill SB965

Introduced
1/3/24  

Caption

Authorizes a sales tax for special educational services

Impact

The introduction of this bill could significantly impact how educational services are funded in metropolitan districts, potentially alleviating financial pressures that many schools face. By providing an avenue for districts to generate their own revenue, the bill could lead to improved funding for special educational initiatives. However, the bill also necessitates voter engagement, as the tax can only be imposed following approval in a general election, ensuring that local communities have a direct say in their educational funding.

Summary

Senate Bill 965, introduced by Senator Roberts, aims to authorize a sales tax specifically for funding special educational services within metropolitan school districts. The bill allows school boards to impose a sales tax not exceeding one-quarter of one percent on all retail sales within their districts, which could provide a new revenue stream for educational services. This new tax would be in addition to existing sales taxes, and it is crucial that the school board seeks voter approval before implementing the tax.

Companion Bills

No companion bills found.

Previously Filed As

MO SB180

Authorizes the cities of Clinton and Lincoln to impose a sales tax for public safety

MO SB550

Modifies provisions relating to sales taxes

MO SB354

Authorizes certain fire protection districts and ambulance districts to propose a 1.0% sales tax

MO SB513

Authorizes a sales tax exemption for boat docks

MO SB73

Authorizes sales tax exemptions for certain purchases

MO SB433

Authorizes a sales tax exemption for feminine hygiene products

MO HB154

Provides a sales tax exemption for sales of certain medical devices

MO SB722

Modifies provisions relating to tax increment financing

MO SB509

Authorizes tax credits for child care

MO SB173

Modifies a sales tax exemption for the sale of certain medical devices

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