Modifies provisions relating to the allocation of certain nonresident income tax revenues

Summary

The bill would require anyone paying a nonresident entertainer or professional athlete more than $300 to withhold 2% of the payment as state income tax. The withheld taxes would be remitted quarterly and, for the years 2000‑2030, would be allocated to the Missouri arts council, humanities council, state library network, and public television special fund. Starting in 2027, all of the revenue from this tax would be placed in a new “Nonresident Entertainer and Professional Athletic Team Income Tax Fund” instead of the general fund.

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