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SB 800 - This act establishes the "Meet in Missouri Act". Eligible local convention and tourism commissions may submit major convention plans to the director of the Department of Economic Development. If the plans are approved by the director, then a grant shall be paid from the newly created Major Economic Convention Event in Missouri Fund to the commission. The commission shall hold such funds until the major convention event has occurred and a required report has been submitted to the Department. A major convention plan shall be approved by the director until certain conditions, as described in the act, are met. The conditions include that the convention event will occur no more than five years from the date of application, that the commission is competing for the event against non-Missouri cities, and the economic benefit to the state exceeds the amount of the grant. The amount of any grant shall not exceed fifty percent of the cost of hosting the event or one million dollars, whichever is less. At the conclusion of the event, the commission shall issue a report to the director detailing the final amount of convention costs incurred and actual attendance figures. If the final amount of convention costs is less than the amount of the grant, then the act sets forth the amounts that the commission must refund from the grant amount. Any refunded amounts shall be returned to the fund and used for future grants. This act is similar to HB 1313 (2015). DOMENIC SITA
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