Legislative Update
Governor Kehoe signed SB 4 into law this week. This is the omnibus utilities bill sponsored by Senator Cierpiot (R-Lee’s Summit).
Capital Gains Tax – Representative Perkins’ (R-Bowling Green) HB 594, which would exempt long-term capital gains from state income tax, has been approved by the Missouri Senate in a substitute bill. The substitute bill is in the House for their consideration now.
Representative Brian Seitz (R-Branson) HB 109, designating Branson as the “Live Entertainment Capital of Missouri” and HB 967 related to the Tourism Supplemental Revenue Fund were both passed out of committee unanimously this week.
Real ID Act
The REAL ID Act requires REAL ID-compliant identification for boarding domestic flights, accessing certain federal facilities and entrance to nuclear power plants. This applies to state identification cards as well as drivers’ licenses. If you do not have a REAL ID yet, you will need to visit your License Bureau or DMV with certain documents. The deadline is May 7th.

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