SB 755 - This act modifies the recently passed transportation development sales tax language contained in Section 238.235.
In 2009 (HB 191), the General Assembly modified Section 238.235 so that the Department of Revenue would collect the sales taxes imposed by transportation development districts rather than allowing the districts to collect the taxes themselves. The sales tax collection provisions were patterned after the provisions contained in Section 238.236 which already require the Department of Revenue to collect sales taxes in transportation development districts formed in whole counties or cities. This act will make the recently enacted Section 238.235 more consistent with Section 238.236 (effective date of sales tax, notice requirements, applicability of sales tax laws, investment of sale tax revenues, creation of fund, refunding of erroneous payments and repeal of sales tax) and will also give the Department of Revenue a one percent cost of collection fee for collecting and distributing the transportation development district sales tax. Under current law, the Department of Revenue already receives a one percent collection fee for collecting and distributing the sales tax in other types of transportation development districts.