Bill > SB510

This bill modifies the existing law regarding transient guest taxes in certain charter cities with over 100,000 residents located in a first-classification charter county. The bill allows the city's governing body to impose a tax between 5% and 7% on hotel, motel, bed and breakfast, and campground room rentals, with the requirement that the tax proposal must first be approved by local voters through a public election. The new provision expands the use of tax proceeds to include not only tourism promotion but also the operating costs of a specific community center (referenced as SB 510). The tax, if approved, would become effective the first day of the calendar quarter following the election. The city can choose to collect the tax internally or contract with the state's director of revenue for collection, with the state retaining up to 1% for administrative costs. The bill also allows the city to impose a 1% penalty and up to 2% monthly interest on unpaid taxes that become delinquent 30 days after the end of each quarter. Additionally, the bill preserves the existing rights of constitutional charter cities to impose business license taxes on such lodging establishments.

Government Affairs

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=507386