Bill > SB1262

This bill modifies provisions related to earnings taxes in Missouri cities, specifically focusing on the continuation and potential phaseout of such taxes. The bill requires cities that imposed an earnings tax as of November 2, 2010, to submit the tax to voter approval every five years (or ten years for cities with over 400,000 inhabitants located in multiple counties). If voters approve the tax, it continues; if voters reject the tax, it will be phased out over ten years. The bill prohibits any Missouri city that did not have an earnings tax as of November 2, 2010, from imposing one in the future. The earnings tax is defined comprehensively, covering salaries, wages, commissions, compensation for residents and non-residents, and net profits of businesses and corporations. The ballot language for voter approval will specify the tax percentage and include a clear question about continuing the tax for the specified period. Importantly, once a city begins reducing its earnings tax, it cannot stop or suspend that reduction through any means, including further voter approval.

Labor and Employment

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=576