SCS/HB 1672 - This act mandates the withholding of taxes by any venue which pays compensation to a nonresident entertainer who performs in Missouri. Penalties, interest, and additions to tax are imposed for failure to collect the withholding tax.

The act extends the sunset dates found in the original law by two years as they apply to earmarking the proceeds of the withholding tax on out-of-state athletes and entertainers.

This act clarifies treatment of income to members of professional athletic teams. Pursuant to the act, a team member whose team is based or headquartered without this state is treated as a nonresident member of a professional athletic team.

The tax revenue raised from income taxes imposed upon members whose athletic teams are located within this state goes to the state general revenue fund.
JEFF CRAVER