☰ Revisor of Missouri


Chapter 348

< > Effective - 30 May 1986, see footnote    bottom

  348.316.  Report required from qualified funds, when, form, verified by affidavit, contents — duties of director of department of economic development — payment of taxes, due when. — 1.  Each qualified fund, on or before the due date of its federal income tax return, shall make a report for a period corresponding to the qualified fund's federal income tax year.  The report shall be made on a form required by the department of economic development.  It shall be verified by the affidavit of the fund's president, or another authorized officer, to the department of economic development.  It shall state the amount of all uninvested capital, whether distributions of equity or funds not invested in qualified investments, and it shall contain other such information as may be required by the director of the department of economic development.

  2.  Upon the receipt of such returns, the director of the department of economic development shall verify the same and certify the amount of tax due from the various funds to the director of revenue within sixty days from the date of the return.  The director of revenue shall send each qualified fund a notice of tax due within thirty days of the date of certification by the department of economic development.  The qualified fund shall pay the tax as provided in the notice within thirty days of the date of such notice.


(L. 1986 S.B. 591 § 9)

Effective 5-30-86

---- end of effective  30 May 1986 ----

use this link to bookmark section  348.316

Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House