|Senator Will Kraus
8th Senatorial District
For Immediate Release:
June 22, 2015
|Capitol Building, Room 418
Jefferson City, MO 65101
|Governor Signs Server/Tips Legislation
JEFFERSON CITY — Legislation sponsored by State Senator Will Kraus, R-Lee’s Summit, received final approval from the executive branch today (6-22) and will now go into law. The governor has signed Senate Bill 336, which modifies provisions relating to income tax withholdings on employee’s tips.
This measure addresses the issue of the Department of Revenue seeking more revenue from Missouri’s job creators for under reporting of income from employees.
“When a state department attempts to raise revenue by attacking our job creators it is our job to protect them,” said Sen. Kraus. “I appreciate the Governor standing with the Missouri general assemble in protecting our business owners from these attacks. It is imperative we protect Missouri’s job creators.”
Previously, the Department of Revenue could hold employers responsible for tips in which their employees underreported. Once SB 336 goes into law, employers will only be held responsible for income taxes in which their employees have claimed.
“It is common sense. You pay taxes on what you earn, not on what the Department of Revenue thinks you earn through a formula” continued Kraus. This legislation provides safeguards for Missouri businesses in helping keep their doors open and Missouri’s economy growing.”
Governor Signs Server/Tips Legislation
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