Board Bill Number 117 In Session 2017-2018

Summary

BOARD BILL NO. 117 INTRODUCED BY ALDERWOMAN MEGAN-ELLYIA GREEN AND ALDERWOMAN CHRISTINE INGRASSIA An ordinance relating to public safety; imposing, subject to the approval of the voters, a temporary payroll tax at a rate of one half of one percent on the income of each individual employed in the City of St. Louis by a for-profit business organization, whether foreign or domestic, employing fifty or more persons regardless of the location of said persons' place of employment, and any organization which is recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code, whether foreign or domestic, employing two-hundred and fifty or more persons regardless of the location of said persons' place of employment, solely for the purpose of providing revenues for the operation of the department of public safety, including police and fire divisions; submitting to the qualified voters of the City of St. Louis a proposal to impose such tax; providing for an election and the manner of voting thereat; providing that if such question shall receive the votes of a majority of the voters voting thereon that such tax shall be authorized and in effect; and containing an emergency clause.

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