SB 379
Requires that municipalities in the St. Louis County sales tax pool receive at least 50% of the revenue generated inside a given municipality
Sponsor:
LR Number:
1881S.01I
Last Action:
3/18/2015 - Hearing Conducted S Jobs, Economic Development and Local Government Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2015

Current Bill Summary

SB 379 - Currently, the revenues from a 1% sales tax in St. Louis County are distributed to unincorporated areas of the county as well as municipalities based on a formula. What are commonly called "Group B" entities pool their revenue from the tax. After a diversion to account for incorporation of previously unincorporated areas, revenues are generally split amongst the municipalities and unincorporated areas of the county in Group B by population, regardless of where the tax was collected. This act requires that beginning January 1, 2016, municipalities and the unincorporated areas of the county in Group B receive at least 50% of the tax revenue generated in such municipality or unincorporated area of the county.

This act is similar to HB 768 (2015) and HB 812 (2015). This act is similar to a provision in HCS/SB 221 (2015).

MIKE HAMMANN

Amendments