SECOND REGULAR SESSION
HOUSE BILL NO. 1420
92ND GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE COOPER (120).
Read 1st time February 5, 2004, and copies ordered printed.
STEPHEN S. DAVIS, Chief Clerk
To amend chapter 143, RSMo, by adding thereto one new section relating to Missouri income
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 143, RSMo, is amended by adding thereto one new section, to be
known as section 143.482, to read as follows:
143.482. For all tax years beginning on or after January 1, 2004, any taxpayer who
is due an individual income tax refund determined under this chapter, excluding sections
143.191 to 143.265, may request a direct deposit of that refund to a financial institution of
the taxpayer's choice that is located in the United States. The direct deposit designation
shall be clearly and unambiguously printed on the Missouri state income tax annual return
form. The department of revenue may promulgate rules and regulations to administer this
section. Any rule or portion of a rule, as that term is defined in section 536.010, RSMo,
that is created under the authority delegated in this section shall become effective only if
it complies with and is subject to all of the provisions of chapter 536, RSMo, and, if
applicable, section 536.028, RSMo. This section and chapter 536, RSMo, are nonseverable
and if any of the powers vested with the general assembly pursuant to chapter 536, RSMo,
to review, to delay the effective date, or to disapprove and annul a rule are subsequently
held unconstitutional, then the grant of rulemaking authority and any rule proposed or
adopted after August 28, 2004, shall be invalid and void.