Legislative Issues

The Second Session of the 95th Missouri General Assembly reconvened January 6, 2010 and ended May 14, 2010.

During the legislative session of the Missouri General Assembly, the MSCPA and its lobbyists monitor legislation that can have an impact on the profession, your practice/company or your clients.

Below is a topic list of bills that were monitored. To get the most up-to-date status of a specific bill, simply click on the bill number and you will be linked to the webpage of that bill.

Sales and Use Tax Proposed Legislation, including "Fair Tax" Bills, go to summary page

Exempting CPAs from Private Investigator Regulation: MSCPA supports these bills
HB1779: Specifies that a certified public accountant licensed by any state who performs certain duties will not be deemed to be engaging in the practice of private investigation

HB2170: Changes the laws regarding the licensure of private investigators

HB2226: Changes the laws regarding marital and family therapists

HB2388: Changes the laws regarding cremated human remains, an asset exemption for funeral contracts, and regulations of the Department of Insurance, Financial Institutions and Professional Registration

SB1003: Modifies the requirements for private investigator licensing

The "Sweep” bill affects the Missouri State Board of Accountancy fund by transfering a designated amount to the state general revenue fund. MSCPA opposes these bills.
HB2305 and SB1000: Transfers certain stated amounts from twenty-three funds to the state general revenue fund

Other legislative bills that could affect you or your clients -- many of which are here for information only:

     HB1225: Increases the Missouri dependency exemption from $1,200 to $1,500 for each qualified dependent claimed by a resident

     HB1227: Increases the Missouri dependency exemption from $1,200 to $2,000 for each qualified dependent claimed by a resident

     HB1513:  Authorizes a sales tax exemption on the utilities and all retail sales of certain tangible personal property and materials for facilities used by data storage centers and server farm facilities

     HB1520: Increases the deduction for personal and dependency exemptions for income tax

HB1988: Requires the Division of Professional Registration or the appropriate licensing board to initiate a hearing for disciplinary action against licensees charged with certain offenses

HB2301: Eliminates the individual income tax on Missouri taxable income of $4,000 or less and changes the tax rate to 6% on the amount of income over $4,000

HB2302 Implements the provisions of the streamlined sales and use tax agreement

     SJR35: Limits general revenue appropriations and mandates state income tax rate reductions in certain situations

     SB816: Modifies provisions of law allowing interest on overpayments of income tax

     SB823: Exempts utilities, machinery, equipment used in data storage from state and local sales and use tax

SCS/SB 895: This is an omnibus economic development bill

SB991: Eliminates, combines, and revises certain state boards, commissions, committees, and councils

SB1057: Reorganizes certain entities, divisions and departments within state government

These legislative bills change frequently, so be sure to check back occasionally! If you have questions or comments regarding legislation being monitored, contact Jim O'Hallaron at 800-264-7966 or email.



	Legislative Issues The Second Session of the 95th Missouri General Assembly reconvened January 6, 2010 and ended May 14, 2010. During the legislative session of the Missouri General Assembly, the MSCPA and its lobbyists monitor legislation that can have an impact on the profession, your practice/company or your clients. Below is a topic list of bills that were monitored. To get the most up-to-date status of a specific bill, simply click on the bill number and you will be linked to the webpage of that bill. Sales and Use Tax Proposed Legislation, including "Fair Tax" Bills, go to summary page Exempting CPAs from Private Investigator Regulation: MSCPA supports these bills *HB1779: Specifies that a certified public accountant licensed by any state who performs certain duties will not be deemed to be engaging in the practice of private investigation HB2170: Changes the laws regarding the licensure of private investigators HB2226:* Changes the laws regarding marital and family therapists *HB2388: Changes the laws regarding cremated human remains, an asset exemption for funeral contracts, and regulations of the Department of Insurance, Financial Institutions and Professional Registration SB1003: Modifies the requirements for private investigator licensing The "Sweep” bill affects the Missouri State Board of Accountancy fund by transfering a designated amount to the state general revenue fund.* MSCPA opposes these bills. *HB2305* and *SB1000: Transfers certain stated amounts from twenty-three funds to the state general revenue fund Other legislative bills that could affect you or your clients -- many of which are here for information only:* *HB1225: Increases the Missouri dependency exemption from $1,200 to $1,500 for each qualified dependent claimed by a resident HB1227: Increases the Missouri dependency exemption from $1,200 to $2,000 for each qualified dependent claimed by a resident HB1513:* Authorizes a sales tax exemption on the utilities and all retail sales of certain tangible personal property and materials for facilities used by data storage centers and server farm facilities *HB1520:* Increases the deduction for personal and dependency exemptions for income tax *HB1988: Requires the Division of Professional Registration or the appropriate licensing board to initiate a hearing for disciplinary action against licensees charged with certain offenses HB2301: Eliminates the individual income tax on Missouri taxable income of $4,000 or less and changes the tax rate to 6% on the amount of income over $4,000 HB2302* Implements the provisions of the streamlined sales and use tax agreement *SJR35: Limits general revenue appropriations and mandates state income tax rate reductions in certain situations SB816: Modifies provisions of law allowing interest on overpayments of income tax SB823: Exempts utilities, machinery, equipment used in data storage from state and local sales and use tax SCS/SB 895: This is an omnibus economic development bill SB991:* Eliminates, combines, and revises certain state boards, commissions, committees, and councils SB1057: Reorganizes certain entities, divisions and departments within state government These legislative bills change frequently, so be sure to check back occasionally! If you have questions or comments regarding legislation being monitored, contact Jim O'Hallaron at 800-264-7966 or email.