SECOND REGULAR SESSION
SENATE BILL NO. 1085
92ND GENERAL ASSEMBLY
INTRODUCED BY SENATORS FOSTER, YECKEL, VOGEL AND KINDER.
Read 1st time January 15, 2004, and ordered printed.
TERRY L. SPIELER, Secretary.
3709S.01I
AN ACT
To amend chapter 143, RSMo, by adding thereto one new section relating to donations for multiple sclerosis.
Section A. Chapter 143, RSMo, is amended by adding thereto one new section, to be known as section 143.602, to read as follows:
143.602. 1. In each taxable year beginning on or after January 1, 2004, each individual or corporation entitled to a tax refund in an amount sufficient to make a designation under this section may designate that one dollar or any amount in excess of one dollar on a single return, and two dollars or any amount in excess of two dollars on a combined return, of the refund due be credited to the multiple sclerosis fund. The contribution designation authorized by this section shall be clearly and unambiguously printed on the first page of each income tax return form provided by this state. If any individual or corporation that is not entitled to a tax refund in an amount sufficient to make a designation under this section wishes to make a contribution to the multiple sclerosis fund, such individual or corporation may, by separate check, draft, or other negotiable instrument, send in with the payment of taxes, or may send in separately, that amount, clearly designated for the multiple sclerosis fund, the individual or corporation wishes to contribute. The department of revenue shall forward such amount to the state treasurer for deposit to the multiple sclerosis fund as provided in subsection 2 of this section.
2. The director of revenue shall transfer at least monthly all contributions designated by individuals under this section to the state treasurer for deposit to the "Multiple Sclerosis Fund", which is hereby created.
3. The director of revenue shall transfer at least monthly all contributions designated by the corporations under this section, less an amount sufficient to cover the cost of collection and handling by the department of revenue, to the state treasurer for deposit to the multiple sclerosis fund.
4. A contribution designated under this section shall only be transferred and deposited in the multiple sclerosis fund after all other claims against the refund from which such contribution is to be made have been satisfied.
5. Moneys deposited in the multiple sclerosis fund shall not be considered part of total state revenues and shall not be commingled with general revenue at any time. The state treasurer shall distribute moneys deposited in the multiple sclerosis fund, at least annually and in equal amounts, to the Multiple Sclerosis Society, Gateway Area Chapter, for use throughout the state of Missouri.