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MO SB145

MO SB145
Modifies provisions relating to the taxation of certain businesses


summary

Introduced
01/08/2025
In Committee
05/08/2025
Crossed Over
02/20/2025
Passed
07/14/2025
Dead
Signed/Enacted/Adopted
07/14/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

Modifies provisions relating to the taxation of certain businesses

AI Summary

This bill modifies taxation provisions for municipal corporations and charter cities in Missouri, specifically focusing on business license taxes. The legislation prohibits municipal corporations from imposing license taxes on businesses unless they are specifically named in the city's charter or authorized by statute. A key new provision prevents municipalities from imposing license taxes on enterprises owned by individuals who are 18 years old or younger, essentially creating a tax exemption for young business owners. For constitutional charter cities with populations over 350,000, the bill maintains existing authority to license and tax various businesses using different methods such as gross receipts, profits, flat fees, or graduated scales. However, these cities are now also restricted from licensing or taxing businesses owned by individuals under 18. The bill repeals existing sections of Missouri Revised Statutes (RSMo) 71.610 and 92.045 and replaces them with these updated provisions, which aim to provide more consistent and age-inclusive business taxation rules across municipal jurisdictions.

Committee Categories

Business and Industry, Government Affairs, Labor and Employment

Sponsors (2)

Last Action

Signed by Governor (on 07/14/2025)

bill text


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bill summary

Document Type Source Location
State Bill Page https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=435
Analysis - Summary: Truly Agreed to and Finally Passed https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=12475029&BillID=435
Fiscal Note - 0803S.10T.ORG https://senate.mo.gov/FiscalNotes/2025-1/0803S.10T.ORG.pdf
BillText https://www.senate.mo.gov/25info/pdf-bill/tat/SB145.pdf
Analysis - Summary: Truly Agreed to and Finally Passed https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=10527680&BillID=435
Fiscal Note - 0803S.10P.ORG https://senate.mo.gov/FiscalNotes/2025-1/0803S.10P.ORG.pdf
BillText https://www.senate.mo.gov/25info/pdf-bill/perf/SB145.pdf
Senate 0803S.10F - SS 2 Adopted https://www.senate.mo.gov/25info/BTS_Web/ShowAmendment.aspx?Id=128
Analysis - Summary: Perfected https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=938773&BillID=435
Analysis - Summary: Senate Substitute https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=938772&BillID=435
Analysis - Summary: Senate Substitute https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=821187&BillID=435
Senate 0803S07.11S - SA 2 SS Defeated https://www.senate.mo.gov/25info/BTS_Web/ShowAmendment.aspx?Id=105
Senate 0803S07.05S - SA 1 SS Out of Order https://www.senate.mo.gov/25info/BTS_Web/ShowAmendment.aspx?Id=102
Senate 0803S.07F - SS Offered https://www.senate.mo.gov/25info/BTS_Web/ShowAmendment.aspx?Id=101
Fiscal Note - 0803S.01I.ORG https://senate.mo.gov/FiscalNotes/2025-1/0803S.01I.ORG.pdf
BillText https://www.senate.mo.gov/25info/pdf-bill/intro/SB145.pdf
Analysis - Summary: Introduced https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=150&BillID=435
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