Bill > HB3237

This bill modifies how certain tourism tax proceeds are used by municipalities. It establishes a "Tourism Tax Trust Fund" where all collected tourism taxes are deposited and kept separate from other municipal funds. Seventy-five percent of these taxes will go into an "Infrastructure Account" to fund the construction and maintenance of tourism infrastructure facilities, which are defined to include structures like multipurpose sports and entertainment venues with fewer than twenty-five thousand seats, along with associated parking. This can also cover broader infrastructure improvements such as sidewalks, streets, roads, waterworks, wastewater systems, and solid waste disposal facilities, and these costs can be covered by issuing bonds. However, if there are outstanding bonds or debt incurred before or after September 15, 1997, for infrastructure improvements, a portion of this seventy-five percent will instead be directed to a "Debt Retirement Account" to pay off that existing debt. The remaining twenty-five percent of the collected taxes will be placed in a "Tourism Promotion Account" for marketing and promotional activities. Any new tourism taxes imposed under this bill require voter approval, including authorization for using the tax to retire bonds or existing debt.

Business and Industry

https://house.mo.gov/Bill.aspx?bill=HB3237&year=2026&code=R