One shall be a representative of the restaurant industry;

b.

One shall be a representative of a major tourist attraction;

and c.

Three shall be representatives of the hotel and motel industry;

(c) Of the five members appointed by the chief executive of the county, who shall be residents of the county and whose appointments shall require the approval of the governing body of the county, three shall be representatives of the hotel and motel industry.

(2) Notwithstanding subsections 1 and 2 of this section and subdivision (1) of this subsection, all members of the regional convention and visitors commission serving as of August 28, 2026, shall remain as members of the commission such that no then-serving member shall be subject to the requirements of subparagraph b.

of paragraph (b) of subdivision (1) of this subsection and shall continue to serve until the expiration of the term for which they were appointed, or until their successors are duly appointed and qualified.

The four additional members of the regional convention and visitors commission appointed by the governor under subdivision (1) of this subsection on HB 2934 4 August 28, 2026, shall be selected from persons appointed by the governor who were on August 27, 2026, serving as commissioners of the regional convention and sports complex authority established under section 67.650, and such additional members so appointed shall be deemed qualified and shall not be subject to the requirements of subparagraph b.

of paragraph (a) of subdivision (1) of this subsection for so long as such members remain as members of the commission, provided that such requirements shall apply to their successors.

Of the members so appointed to the regional convention and visitors commission on August 28, 2026, two members shall be appointed for a term of four years, one member shall be appointed for a term of two years, and one member shall be appointed for a term of one year.

Thereafter, all such appointments or reappointments shall be for a period of four years.

The membership of the regional convention and visitors commission as of August 28, 2026, following the selection by the governor of the four additional members of the regional convention and visitors commission pursuant to this subdivision, shall comply with subparagraphs c.

and d.

of paragraph (a) of subdivision (1) of this subsection.

(3) All members shall serve without compensation.

Any vacancy shall be filled by the respective chief executive officer or governor, as applicable.

The commission shall elect its own treasurer, secretary, and such other officers as it deems necessary and expedient, and it may make such rules, regulations, and bylaws consistent with sections 67.601 to 67.626 and sections 67.650 to 67.658 as it deems necessary to effectuate its purposes.

The commission shall be a body corporate and a political subdivision of the state of Missouri.

67.604.

For purposes of sections 67.601 to 67.626, the following terms mean:

(1) "Business", any activity engaged in by any person, or caused to be engaged in by him, with the object of gain, benefit or advantage, either direct or indirect, and the classification of which business is of such a character as to be subject to the terms of sections 67.601 to 67.626;

(2) "City", a constitutional charter city not within a county;

(3) "Commission", the regional convention and visitors commission created in section 67.601;

(4)"Convention district", the real property located in the city or the county that contains an existing convention center;

sports stadium;

sports practice facility and field houses;

playing fields;

outdoor convention, recreational, and entertainment facilities and centers;

and parking facilities;

that is leased, owned, maintained, or operated by or on behalf of the commission, including any expansion thereof or acquisition that shall immediately become part of the convention district;

HB 2934 5 (5) "County", a constitutional charter county adjoining a constitutional charter city not within a county;

[(5)](6) "District", the regional cultural and performing arts development district created in section 67.627;

[(6)](7) "Election authority", the election authority having jurisdiction over the area in which the boundaries of the convention district are located under chapter 115;

(8) "Hotel and motel industry", the group of enterprises actively engaged in the business of operating lodging facilities for transient guests;

[(7)] (9) "Person", any individual, firm, copartnership, joint venture, association, corporation whether municipal or private and whether organized for profit or not, estate, trust, business trust, receiver or trustee appointed by any state or federal court, syndicate, or any other group or combination acting as a unit;

(10) "Qualified voters", for purposes of elections for approval of sales taxes:

(a) Registered voters;

or (b) Ifno registered voters reside within the convention district, the owners of one or more parcels of real property located within the convention district based on the tax records of real property for the county clerk as of the thirtieth day before the date of the applicable election;

(11) "Registered voters", persons who reside within the convention district and who are qualified and registered to vote under chapter 115, pursuant to the records of the election authority as of the thirtieth day before the date of the applicable election;

[(8)] (12) "Transient guest", a person who occupies a room or rooms in a hotel or motel for thirty-one days or less during any calendar quarter.

67.607.

Each regional convention and visitors commission is empowered to:

(1) Develop and execute plans, policies, and programs exclusively to promote convention and tourist business within the area of the city and county involved;

(2) Cooperate and act jointly with other agencies, bureaus, boards, and associations to promote conventions and tourist business within the area of the city and county involved;

(3) Contract with any public or private agency, individual, partnership, association, corporation or other legal entity for the furnishing of services and supplies for promotion of convention and tourist business within the city and county involved;

(4) Lease and sublease[, for a period not to exceed forty years, contract to bear the cost of operating] an existing convention center, including any [adjoining southern or eastward] expansion thereof, and to operate such facilities;

and to provide services to visitors to the area of the city and county involved;

HB 2934 6 (5) Develop, devise, promote, fund or contribute to the support of advertising and public relations campaigns designed or intended to promote conventions and tourism in the area of the city and county involved, or parts thereof;

(6) Contract for, or exact, a charge from any person in connection with the use, enjoyment, purchase, license, or lease of any property or facility operated under lease by the commission, or any activity, exhibit, function, or personnel of the commission;

(7) Appoint a director and necessary assistants, to fix their compensation and to remove such appointees;

(8) Execute contracts and sue and be sued;

(9) Contract with the county and city, or any convention and visitors bureau thereof, involved to allow such county or city, or any convention and visitors bureau thereof, to pay over to the commission the proceeds of any convention and tourism tax or gross receipts tax on hotels and motels imposed by such county or city for the purpose of promoting conventions and tourism, or providing and maintaining facilities therefor or sales tax on the amount of sales or charges for rooms paid by transient guests of hotels and motels imposed by such county or city pursuant to section 67.657;

(10) Contract with any public or private agency, individual, partnership, association, corporation or other legal entity to provide for limitations on marketing or use or both of the facilities referred to in subdivision (4) of this section or other special purpose civic facilities for assembly, display and entertainment which are owned, leased or operated, in whole or in part, by the city or the county;

(11) Exercise all powers, duties, rights, authority, and obligations on behalf of the regional convention and sports complex authority created under section 67.650 and as set forth in sections 67.650 to 67.658 including, but not limited to, those powers and duties under section 67.653;

(12) Develop, devise, promote, fund, or contribute to the support and development of sports and entertainment attractions including, but not limited to, collegiate, amateur, and professional sports;

(13) Levy and collect special assessments and taxes as provided in sections 67.601 to 67.626;

and (14) Levy sales taxes under sections 67.601 to 67.626.

67.618.

1.

The commission may levy by resolution one or more special assessments against real property within the boundaries of the convention district upon receipt of and in accordance with a petition signed by:

(1) Owners of real property collectively owning more than fifty percent by assessed value of real property within the boundaries of the convention district;

and HB 2934 7 (2) More than fifty percent per capita of the owners of all real property within the boundaries of the convention district.

2.

The special assessment petition shall be in substantially the following form:

The commission shall be authorized to levy special assessments against real property within the convention district (the "District") for the purpose of providing revenue for maintenance, construction, reconstruction, operations, rehabilitation, installations, and financing of improvements located within the District and entering into one or more contracts related thereto for any of the foregoing or any other necessary or desirable improvement to be made within such District, such special assessments to be levied against each tract, lot, or parcel of real property listed below within the District which receives special benefit as a result of such use of the assessment, the cost of which shall be allocated by [insert method of allocation, which shall be any reasonable method including, but not limited to, the imposition of an assessment upon the gross revenue generated from charges for tickets, passes, entrance fees, admission fees, or other similar charges or impositions permitting the attendance of events within the District, as allocated and imposed on a reasonable basis], with such special assessment to be in the maximum amount of [insert unit of measurement, which may include but not be limited to, basing such measurement on gross revenues generated from charges for tickets, passes, entrance fees, admission tickets, or similar charges].

Such authorization to levy the special assessment shall expire on [insert date].

The tracts of land located in the District which will receive special benefits from such services, projects, or improvements are [insert list of properties by common addresses and legal descriptions].

3.

The method for allocating such special assessments shall be set forth in the petition and may be any reasonable method which results in imposing assessments upon real property benefited in relation to the benefit conferred upon each respective tract, lot, or parcel of real property and the cost to provide such benefit.

The commission may establish different classes, based on classification of real property or any other reasonable basis, within the district for purposes of special assessments.

The levy rate for special assessments may vary for each class or subclass.

4.

By resolution, the commission may levy a special assessment rate lower than the rate ceiling set forth in the petition authorizing the special assessment and may increase such lowered special assessment rate to a level not exceeding the special assessment rate ceiling set forth in the petition without further approval of the real property owners.

HB 2934 8 5.

Each special assessment that is due and owing shall constitute a perpetual lien against each tract, lot, or parcel of property from which it is derived.

Such lien may be foreclosed in the same manner as any other special assessment lien as provided in section 88.861.

Notwithstanding the provisions of this subsection and section 67.1541 to the contrary, the county collector may, upon certification by the commission, add each special assessment to the annual real estate tax bill for the property and collect the assessment in the same manner the collector uses for real estate taxes.

Any special assessment remaining unpaid on the first day of January annually is delinquent and enforcement of collection of the delinquent bill by the county collector shall be governed by the laws concerning delinquent and back taxes.

The lien may be foreclosed in the same manner as a tax upon real property by land sale under chapter 140 or, if applicable to that county, chapter 141.

6.

A separate fund or account shall be created by the commission for each special assessment levied and each fund or account shall be identifiable by a suitable title.

The proceeds of such assessment shall be credited to such fund or account.

Such fund or account shall be used solely to pay the costs incurred in undertaking the specified service project.

7.

Upon completion of the service or project or both as set forth in the petition, the balance remaining in the fund or account established for such service or project or both shall be returned or credited against the amount of the original assessment of each parcel of property pro rata based on the method of assessment of such special assessment.

8.

Any funds in a fund or account created under this section that are not needed for current expenditures may be invested by the commission in accordance with applicable laws relating to the investment of funds of the city in which the convention district is located.

9.

The authority of the district to levy special assessments shall be independent of the limitations and authorities of the municipality in which it is located;

specifically, the provisions of section 88.812 shall not apply to the commission.

10.

In addition to the sales tax authorized in subsection 2 of section 67.619, the commission may impose by resolution a convention district sales and use tax on all retail sales made in such district that are subject to taxation under sections 144.010 to 144.525, except sales of motor vehicles, trailers, boats or outboard motors, and sales to or by public utilities and providers of communications, cable, or video services.

Any sales and use tax imposed under this section may be imposed in increments of one-eighth of one percent, up to a maximum of two percent.

Such convention district sales and use tax may be imposed for the purposes designated by the commissioners of the commission in HB 2934 9 the convention district's ballot of submission to its qualified voters, except that no resolution adopted under this section shall become effective unless the commission submits to the qualified voters of the convention district, by mail-in ballot, a proposal to authorize a sales and use tax under this section.

If a majority of the votes cast by the qualified voters on the proposed sales tax are in favor of the sales tax, the resolution is adopted.

If a majority of the votes cast by the qualified voters are opposed to the sales tax, the resolution is void.

11.

The ballot for the sales and use tax contemplated in subsection 10 of this section shall be in substantially the following form:

Shall the regional convention and visitors commission impose a convention district sales and use tax at the maximum rate of ____ (insert amount) for the purpose of providing revenue for the promotion of regional conventions and tourism and to support the ongoing upkeep, maintenance, and operations of the commission and its facilities, and any other lawful purpose under sections 67.601 to 67.626? YES NO Ifyou are in favor of the question, place an "X" in the box opposite "YES".

If you are opposed to the question, place an "X" in the box opposite "NO".

12.

Within ten days after the qualified voters have approved the imposition of the sales and use tax, the commission shall, in accordance with section 32.087, notify the director of the department of revenue.

The sales and use tax authorized by this section shall become effective on the first day of the second calendar quarter after the director of the department of revenue receives notice of the adoption of such tax.

13.

For any sales and use tax imposed under subsection 10 of this section, every retailer shall add such additional tax imposed by the commission to such retailer's sale price, and when so added such tax shall constitute a part of the purchase price, shall be a debt of the purchaser to the retailer until paid, and shall be recoverable at law in the same manner as the purchase price.

14.

In order to allow retailers to collect and report the sales and use tax authorized by subsection 10 of this section, as well as all other sales and use taxes required by law in the simplest and most efficient manner practicable, the commission may establish appropriate brackets to be used in the district imposing a tax under this section in lieu of the brackets provided in section 144.285.

15.

The penalties provided in sections 144.010 to 144.525 shall apply to violations of this section.

HB 2934 10 16.

Notwithstanding the provisions of chapter 115, an election for the convention district sales and use tax under subsection 10 of this section shall be conducted in accordance with the provisions of this section.

67.651.

As used in sections 67.650 to 67.658, the following terms mean:

(1) "Authority", the regional convention and sports complex authority created in section 67.650;

(2) "Bond", any bond, including refunding bonds, notes, interim certificates, debentures, or other obligations issued by an authority pursuant to section 67.653;

(3) "Chief executive", the mayor of the city and the county executive of the county;

(4) "City", a constitutional charter city not within a county;

(5) "Commission", the regional convention and visitors commission created under section 67.601;

(6) "County", a constitutional charter county adjoining a constitutional charter city not within a county;

[(6)](7) "Governing body", the board of aldermen charged with governing the city and the county council charged with governing the county;

[(7)] (8) "Multiple purposes", all purposes for which a building operated by the authority can legally be used, including multiple sports;

[(8)] (9) "Transient guest", a person who occupies a room or rooms in a hotel or motel for thirty-one days or less during any calendar quarter.

67.652.

1.

The authority shall consist of up to eleven commissioners who shall be qualified voters of the state of Missouri and residents of either the city or the county.

The commissioners first appointed shall be appointed as follows:

(1) Up to three commissioners who shall be residents of the city may be appointed by the chief executive of the city with the advice and consent of the board of aldermen;

(2) Up to three commissioners who shall be residents of the county may be appointed by the chief executive of the county with the advice and consent of the county council;

and (3) Up to five commissioners one of whom shall be the chairman, two of whom shall be a resident of the city, two of whom shall be a resident of the county and one of whom shall be a resident of the city, the county or a county contiguous to the county, may be appointed by the governor with the advice and consent of the senate.

The governor shall appoint one of the commissioners to be the chairman of the authority.

Of the commissioners appointed by the chief executive of the city, no more than two shall be of the same political party, of the commissioners appointed by the chief executive of the county, no more than two shall be of the same political party and of the commissioners appointed by the governor, no more than three shall be of the same political party.

In addition, no elective or appointed official of the state of Missouri or of any political subdivision thereof shall be a commissioner of the HB 2934 11 authority.

Upon the appointment of eight commissioners as above provided, the authority shall be deemed to be duly constituted and shall be authorized to commence operations as provided in sections 67.650 to 67.658;

but, after the authority is duly constituted nothing herein shall prohibit the appointment of additional commissioners up to the limits and in the manner provided in this section.

2.

The commissioners shall serve for terms of six years, except that of the first such commissioners appointed, the first person, if any, appointed by the governor, the chief executive of the city and the chief executive of the county, respectively, shall serve for terms of two years, the next two persons, if any, appointed by the governor, and the next person, if any, appointed by the chief executive of the city and the chief executive of the county, respectively, shall serve for terms of four years, and the final persons, if any, appointed by the governor, the chief executive of the city and the chief executive of the county, respectively, shall serve for terms of six years.

Each commissioner shall hold office until his successor has been appointed and qualified.

No more than six commissioners of the authority shall be of the same political party.

3.

In the event a vacancy exists or in the event a commissioner's term expires, a successor commissioner shall be appointed by whomever appointed the commissioner who initially held the vacant position and if no person is so selected within sixty days of the creation of the vacancy, the unexpired term of such commissioner may be filled by a majority vote of the remainder of the commissioners, provided that such successor commissioner shall meet the requirements set forth in subdivision (3) of subsection 1 above.

Commissioners appointed to fill unexpired terms shall only serve until such unexpired term expires.

Pending any such appointment to fill any vacancy, the remaining commissioners may conduct authority business.

4.

The authority shall elect from its number a chairman and may appoint such officers and employ such employees as it may require for the performance of its duties, and may fix and determine their qualifications, duties and compensation.

No action of the authority shall be binding unless taken at a meeting at which at least a majority of the commissioners then appointed vote in favor of such action.

The commissioners shall be reimbursed by the authority for the actual and necessary expenses incurred in the performance of their duties.

5.

In the event any of the state of Missouri, the city or the county fails to make any appropriation or to pay any rents, fees or charges provided in any contract, agreement lease or sublease between the authority and one or more of the state of Missouri, the city and the county, the commissioners, if any, appointed by the governor, if the state of Missouri has failed to make such appropriation or to pay such rents, fees or charges, and the commissioners, if any, appointed by the chief executive of the city or county, if the city or county, as applicable, has failed to make such appropriation or to pay such rents, fees or HB 2934 12 charges, shall be disqualified from voting on any matter, action or resolution to come before the authority, and from participating in any of the business of the authority, so long as any such failure continues.

If less than a majority of the commissioners then appointed are thereby qualified to vote, the commissioners that remain qualified to vote shall constitute a quorum and any action of the authority which is approved by a majority of such qualified commissioners, shall be binding upon the authority.

6.

(1) Notwithstanding provisions of subsections 1 to 5 of this section to the contrary, beginning August 28, 2026, the terms of the existing commissioners for the authority shall expire and terminate and the members serving on the regional convention and visitors commission created in section 67.601 shall serve as the new commissioners of the authority.

Any commissioner serving for the authority prior to August 28, 2026, shall be replaced by members of the regional convention and visitors commission regardless of whether the terms of such commissioners have expired.

Each member serving on the regional convention and visitors commission shall serve as a commissioner for the authority, with such terms, vacancies, and appointments handled in the same manner as set forth under sections 67.601 to 67.626.

(2) Notwithstanding subdivision (1) of this subsection, four commissioners of the authority, selected by the governor, who were previously appointed by the governor and serving as of August 27, 2026, shall be reappointed on August 28, 2026, to serve as members of the newly constituted regional convention and visitors commission in accordance with the terms of subsection 3 of section 67.601.

67.653.

1.

The authority shall have the following powers:

(1) To acquire by gift, bequest, purchase, lease or sublease from public or private sources and to plan, construct, operate and maintain, or to lease or sublease to or from others for construction, operation and maintenance, convention centers, sports stadiums, field houses, indoor and outdoor convention, recreational, and entertainment facilities and centers, playing fields, parking facilities and other suitable concessions, and all things incidental or necessary to a complex suitable for all types of convention, entertainment and meeting activities and for all types of sports and recreation, either professional or amateur, commercial or private, either upon, above or below the ground, except that no such stadium, complex or facility shall be used, in any fashion, for the purpose of horse racing or dog racing, and any stadium, complex or facility newly constructed by the authority shall be suitable for multiple purposes [and designed and constructed to meet National Football League franchise standards and shall be located adjacent to an existing convention facility];

(2) To adopt bylaws for the regulation of its affairs and the conduct of its business;

(3) To maintain an office, and to conduct its meetings at such place or places in the city or in the county as it may designate;

HB 2934 13 (4) To charge and collect fees and rents for use of the facilities owned or operated by it or leased or subleased from or to others and to deposit any funds received under the provisions of sections 67.650 to 67.658 in a savings or checking account in a bank, credit union, or savings and loan association in this state;

(5) To adopt a common seal;

(6) To contract and to be contracted with, including, but without limitation, the authority to enter into contracts with cities, counties and other political subdivisions and public agencies under sections 70.210 to 70.325, and otherwise, and to enter into contracts with other entities, in connection with the acquisition by gift, bequest, purchase, lease or sublease and in connection with the planning, construction, financing, leasing, subleasing, operation and maintenance of any convention or sports facility and for any other lawful purpose, and to sue and to be sued;

(7) To receive for its lawful activities any rentals, contributions or moneys appropriated or otherwise designated for payment to the authority by municipalities, counties, state or other political subdivisions or public agencies or by the federal government or any agency or officer thereof or from any other source;

(8) To disburse funds for its lawful activities and fix salaries and wages of its officers and employees;

(9) To invest any of the authority's funds in such types of investments as shall be determined by a resolution adopted by the commissioners of the authority;

(10) To borrow money for the acquisition, planning, construction, equipping, operation, maintenance, repair, extension and improvement of any facility, or any part or parts thereof, which it has the power to own, lease or operate, and for any other proper corporate purpose, and to issue negotiable notes, bonds, or other instruments in writing as evidence of sums borrowed, as hereinafter provided in this section:

(a) Bonds issued hereunder shall be issued pursuant to a resolution adopted by the commissioners of the authority which shall set out the estimated cost to the authority of the proposed facility or facilities, and shall further set out the amount of bonds to be issued, their purpose or purposes, their date or dates, denomination or denominations, rate or rates of interest, time or times of payment, both of principal and of interest, place or places of payment and all other details in connection therewith.

Any such bonds may be subject to such provision for redemption prior to maturity, with or without premium, and at such times and upon such conditions as may be provided by the resolution;

(b) Notwithstanding the provisions of section 108.170, such bonds shall bear interest at such rate or rates determined by the authority and shall mature within a period not exceeding fifty years and may be sold at public or private sale for not less than ninety-five HB 2934 14 percent of the principal amount thereof.

Bonds issued by the authority shall possess all of the qualities of negotiable instruments under the laws of this state;

(c) Such bonds may be payable to bearer, may be registered or coupon bonds and if payable to bearer, may contain such registration provisions as to either principal and interest, or principal only, as may be provided in the resolution authorizing the same, which resolution may also provide for the exchange of registered and coupon bonds.

Such bonds and any coupons attached thereto shall be signed in such manner and by such officers of the authority as may be provided for by the resolution authorizing the same.

The authority may provide for the replacement of any bond which shall become mutilated, destroyed or lost;

(d) Bonds issued by the authority shall be payable as to principal, interest and redemption premium, if any, out of all or any part of the general funds of the authority, including rents, revenues, receipts and income derived and to be derived for the use of any facility or combination of facilities, or any part or parts thereof, acquired, constructed, improved or extended in whole or in part from the proceeds of such bonds, including but not limited to convention center and stadium rentals, concessions, parking facilities and from funds derived from any other facilities or part or parts thereof, owned or operated by the authority, all or any part of which rents, revenues, receipts and income the authority is authorized to pledge for the payment of said principal, interest, and redemption premium, if any, except that direct appropriations of tax revenues received by the authority pursuant to sections 67.656 and 67.657 or otherwise, other than appropriations for the payment of rent, shall not be pledged for the payment of such bonds.

Neither the commissioners of the authority nor any person executing its bonds shall be personally liable on such bonds by reason of the issuance thereof.

Bonds issued under the provisions of sections 67.653 to 67.655 shall not constitute a debt, liability, or obligation of this state, or any political subdivision of this state, nor shall any such obligations be a pledge of the faith and credit of this state, but shall be payable solely from the revenues and assets held by the authority.

The issuance of bonds under sections 67.653 to 67.655 shall not, directly, indirectly, or contingently, obligate the state of Missouri or any political subdivision thereof, or the authority, to levy any form of taxation therefor or to make any appropriation for their payment.

Each obligation or bond issued under sections 67.653 to 67.655 shall contain on the face thereof a statement to the effect that the authority shall not be obligated to pay the same nor the interest on such bond, except from the revenues received by the authority or assets of the authority lawfully pledged therefor, and that neither the faith and credit nor the taxing power of this state or of any political subdivision of this state is pledged to the payment of the principal of or the interest on such obligation or bond.

Bonds issued pursuant to this section may be further secured by a mortgage, deed of trust, trust agreement, pledge agreement, assignment or security agreement upon the rents, revenues, receipts and income herein HB 2934 15 referred to or any part thereof, or upon any leasehold interest or other property owned by the authority, or any part thereof, whether then owned or thereafter acquired, except that direct appropriations of tax revenues received by the authority pursuant to sections 67.656 and 67.657 or otherwise, other than appropriations for the payment of rent, shall not secure such bonds.

The proceeds of such bonds shall be disbursed in such manner and under such restrictions as the authority may provide in the resolution authorizing the issuance of such bonds or in any such mortgage, deed of trust, trust agreement, pledge agreement or security agreement;

(e) The authority shall fix and maintain rates and rentals and make and collect charges for the use and services of its interest in the facility or facilities or any part thereof owned or operated by the authority which shall be sufficient to pay the cost of operation and maintenance thereof, to pay the principal of and interest on any such bonds payable from such rates, rentals and charges and to provide funds sufficient to meet all requirements of the resolution by which such bonds have been issued;

(f) The resolution authorizing the issuance of any such bonds may provide for the allocation of rents, revenues, receipts and income derived and to be derived by the authority from the use of any facility or part thereof, and of the proceeds received pursuant to sections 67.656 and 67.657, into such separate accounts as shall be deemed to be advisable to assure the proper operation and maintenance of any facility or part thereof and the prompt payment of any bonds issued to finance all or any part of the costs thereof.

Such accounts may include reserve accounts necessary for the proper operation and maintenance of any such facility or any part thereof, and for the payment of any such bonds.

Such resolution may include such other covenants and agreements by the authority as in its judgment are advisable or necessary properly to secure the payment of such bonds;

(g) The authority may issue negotiable refunding bonds for the purpose of refunding, extending or unifying the whole or any part of such bonds then outstanding, or any bonds, notes or other obligations issued by any other public agency, public body or political subdivision in connection with any facilities to be acquired, leased or subleased by the authority, which refunding bonds shall not exceed the amount necessary to refund the principal of the outstanding bonds to be refunded and the accrued interest thereon to the date of such refunding, together with any redemption premium, amounts necessary to establish reserve and escrow funds and all costs and expenses incurred in connection with the refunding.

The authority may provide for the payment of interest on such refunding bonds at a rate in excess of the bonds to be refunded;

(h) In case any of the commissioners or officers of the authority whose signatures appear on any bonds or coupons shall cease to be such commissioners or officers before the delivery of such bonds, such signatures shall, nevertheless, be valid and sufficient for all HB 2934 16 purposes, the same as if such commissioners or officers had remained in office until such delivery;

(i) The authority is hereby declared to be performing a public function and bonds of the authority are declared to be issued for an essential public and governmental purpose and, accordingly, interest thereon and income therefrom shall be exempt from income taxation by the state of Missouri;

(11) To condemn any and all rights or property of any kind or character, necessary for the purposes of the authority, in the manner provided in chapter 523, except that no property now or hereafter vested in or held by the state, the county or the city shall be taken by the authority without the authorization or consent of such party;

provided however, that the authority shall provide relocation benefits to all individuals and businesses, occupying said property, in the same manner as such relocation benefits are provided pursuant to the federal Relocation Assistance Act;

(12) To perform all other necessary and incidental functions, and to exercise such additional powers as shall be conferred by the general assembly or by act of Congress.

2.

The authority shall proceed to carry out its duties, functions and powers in accordance with sections 67.650 to 67.658, and the authority is vested with all necessary and appropriate powers not inconsistent with the constitution or the laws of the United States to effectuate the same, except the power to levy taxes or assessments.

In no event shall the state be liable for any deficiency or indebtedness incurred by the authority.

3.

The authority shall grant or award at least fifteen percent of all contracts, employment opportunities, professional services and all other special contracts to persons who are members of a racial minority group, as defined in section 37.013.

4.

The authority and any city, county, other political subdivision or public agency obtaining funds pursuant to the provisions of this chapter shall be subject to the provisions of sections 34.073 and 34.076.

67.657.

1.

Nothing contained in sections 67.650 to 67.658 shall impair the powers of any county, municipality or other political subdivision to acquire, own, operate, develop or improve any facility of the type the authority is given the right and power to own, operate, develop or improve.

2.

Any county, municipality or other political subdivision or public agency is authorized to make gifts, donations, grants and contributions of money or real or personal property to the authority, whether such money or property is derived from tax revenues or from any other source.

3.

Prior to August 28, 2026, the state of Missouri or any agency, department or instrumentality thereof and the county, the city, or any political subdivision, public agency or public body, or any combination thereof pursuant to sections 70.210 to 70.325, or otherwise, HB 2934 17 are authorized to enter into contracts, agreements, leases and subleases with each other, the authority and others to acquire, sell, convey, lease, sublease, own, operate, finance, develop or improve, or any combination thereof, any facility of the type the authority is given the right to construct, own, operate, develop or improve, including without limitation to agree to pay rents or other fees or charges, subject to annual appropriations, and to mortgage, pledge, assign, convey, or grant security in any interest which any such entity may have in such facility.

4.

In addition to any other tax imposed by law, and notwithstanding the provisions of subdivision (2) of subsection 5 of section 67.619, to the contrary, the governing body of the county may submit to the voters of the county a tax not to exceed three and one-half percent on the amount of sales or charges for all sleeping rooms paid by the transient guests of hotels and motels situated within the county involved, and doing business within such county for the purpose of funding a regional convention and sports complex authority and for other recreational and entertainment purposes.

If the governing body so orders, the election officials of the county shall submit a proposition to the voters of such county at the next statewide or countywide election or at a special election called for that purpose, such special election to be held at the expense of the regional convention and sports complex authority.

Such proposition shall be submitted to the voters in substantially the following form at such election:

Shall a sales tax of ______ percent on the amount of sales or charges for all rooms paid by the transient guests of hotels and motels be levied in the county of ______ to provide certain funds for the regional convention and sports complex authority and for general revenue purposes? YES NO In the event that a majority of the voters voting on such proposition in such county at such election approve such proposition, then such sales tax shall be in full force and effect as of the first day of the calendar quarter following the calendar quarter in which the election was held.

5.

On and after the effective day of any tax authorized under the provisions of subsection 4 of this section, the governing body of the county may adopt one of the two following provisions for the collection and administration of the tax:

(1) The collector of revenue in such county may collect the tax pursuant to rules and regulations promulgated by the governing body of the county.

The tax to be collected by the collector of revenue, less an amount not less than one percent and not more than three percent which may be retained for costs of collection, shall be remitted to the county and deposited in HB 2934 18 a special trust fund to be known as the "County Convention and Recreation Trust Fund" not later than thirty days following the end of each month;

(2) The governing body of the county may enter into an agreement with the director of revenue of the state of Missouri for the purpose of collecting the tax authorized in subsection 4 of this section.

In the event the governing body enters into an agreement with the director of revenue of the state of Missouri for the collection of the tax authorized in subsection 4 of this section, the director of revenue shall perform all functions incident to the administration, collection, enforcement, and operation of such tax, and the director of revenue shall collect such additional tax.

The tax shall be collected and reported upon such forms and under such administrative rules and regulations as may be prescribed by the director of revenue, and the director of revenue shall retain not less than one percent nor more than three percent for cost of collection and shall transfer all other moneys collected for such tax to the county for deposit in the county convention and recreation trust fund.

6.

All funds deposited in the county convention and recreation trust fund shall, subject to annual appropriation, be disbursed by the county only for [deposit in the regional convention and sports complex fund] , first, to pay the county's share of any rent, fees or charges payable pursuant to any contract, agreement, lease or sublease provided for in subsection 3 of this section[;

provided that in the event the county chooses to participate in a qualifying project and enters into any such contract, agreement, lease or sublease, then any funds in excess of its obligations hereunder which are deposited in the county convention and recreation trust fund in any year pursuant to subsection 4 of this section may be appropriated and disbursed by the county for general revenue purposes] , and the remainder, if any, shall be disbursed annually to the regional convention and visitors commission established under section 67.601.

7.

[Notwithstanding any provision of subsection 6 of this section to the contrary, funds deposited in the county convention and recreation trust fund pursuant to subsection 5 of this section in excess of amounts payable as the county's share of any rent, fees or charges payable pursuant to any contract, agreement, lease or sublease provided for in subsection 3 of this section, including reasonable reserves for future payments of such amounts, shall not be appropriated or paid except for funding of the regional convention and sports complex authority or for regional convention and tourism purposes to the regional convention and visitors commission established by section 67.601 if it is providing management and operations services for a facility of the regional convention and sports complex authority of which the state of Missouri, the city, and St.

Louis County are lessees pursuant to a contract, agreement or sublease with such lessees.] Provided that the county's share of any rent, fees, or charges due and payable pursuant to any contract, agreement, lease, or sublease provided for in subsection 3 of this section have been made for all contracts or HB 2934 19 obligations entered into under subsection 3 of this section, all funds on deposit in the county convention and recreation trust fund as of August 28, 2026, shall be deemed excess funds and may be appropriated and disbursed by the county for general revenue purposes.

Beginning August 28, 2026, all funds deposited in the county convention and recreation trust fund shall be distributed in accordance with subsection 6 of this section, such that all excess funds shall be remitted to the regional convention and visitors commission established under section 67.601 for the sole use by, and control of, such commission.

No funds generated by the tax imposed under this section shall be used for the payment or support of the county's share of any rent, fees, or other charges payable pursuant to any contract, agreement, lease, or sublease entered into, modified, or amended after August 28, 2026, under subsection 3 of this section.

8.

In addition to any other tax imposed by law, and notwithstanding the provisions of subdivision (1) of subsection 5 of section 67.619 to the contrary, the governing body of the city may repeal a present two-dollar license fee per occupied room levied in such city on hotels and motels and submit to the voters of the city a tax not to exceed three and one-half percent on the amount of sales or charges for all sleeping rooms paid by the transient guests of hotels and motels situated within the city involved, and doing business within such city for the purposes of funding debt service, lease payments or other expenses of an existing convention center, including any southern expansion thereof, of such city, a regional convention and sports complex authority or a regional convention and visitors commission or any combination thereof as herein provided.

If the governing body so orders, the election officials of the city shall submit a proposition to the voters of such city at the next statewide or citywide election or at a special election called for that purpose, such special election to be held at the expense of the city.

Such proposition shall be submitted to the voters in substantially the following form at such election:

Shall the present two-dollar license fee per occupied room levied in the city of ______ on hotels and motels be repealed and a sales tax of ____ __ percent on the amount of sales or charges for all rooms paid by the transient guests of hotels and motels be levied in the city of ______ to provide funds for convention, tourism and sports facilities purposes and agencies? YES NO In the event that a majority of the voters voting on such proposition in such city at such election approve such proposition, then such two-dollar license fee per occupied room shall be repealed and such sales tax shall be in full force and effect as of the first day of the calendar quarter following the calendar quarter in which the election was held.

HB 2934 20 9.

On and after the effective date of any tax authorized under the provisions of subsection 8 of this section, the governing body of the city may adopt one of the two following provisions for the collection and administration of the tax:

(1) The collector of revenue in such city may collect the tax pursuant to rules and regulations promulgated by the governing body of the city.

The tax to be collected by the collector of revenue, less an amount not less than one percent and not more than three percent which may be retained for costs of collection, shall be remitted to the city and deposited in a special trust fund to be known as the "City Convention and Sports Facility Trust Fund" not later than thirty days following the end of each month;

(2) The governing body of the city may enter into an agreement with the director of revenue of the state of Missouri for the purpose of collecting the tax authorized in subsection 8 of this section.

In the event the governing body enters into an agreement with the director of revenue of the state of Missouri for the collection of the tax authorized in subsection 8 of this section, the director of revenue shall perform all functions incident to the administration, collection, enforcement and operation of such tax, and the director of revenue shall collect such additional tax.

The tax shall be collected and reported upon such forms and under such administrative rules and regulations as may be prescribed by the director of revenue, and the director of revenue shall retain not less than one percent nor more than three percent for cost of collection and shall transfer all other moneys collected for such tax to the city for deposit in the convention and sports facility trust fund.

10.

All funds deposited in the city convention and sports facility trust fund shall, subject to annual appropriation, be disbursed by the city only for first, debt service, lease payments or other expenses related to an existing convention center, including any [southern] expansion thereof, of such city, second, to pay the city's share of any rent, fees or charges payable pursuant to any lease provided for in subsection 3 of this section and third, the remainder, if any, annually to the regional convention and visitors commission established by section 67.601 [if it is providing management and operations services for a facility of the regional convention and sports complex authority of which the state of Missouri, the city, and St.

Louis County are lessees pursuant to a contract, agreement or sublease with such lessees].

99.585.

1.

(1) The state of Missouri, acting through the department of economic development and the office of administration, or any other public body may, upon such terms and with reasonable consideration as it may determine, expend funds for the purpose of aiding and cooperating in the planning, undertaking, or carrying out of a land clearance project or projects within the area in which the public body is authorized to act, or expend funds for the purpose of aiding and cooperating in the planning, undertaking, or carrying out of a project or projects within or upon an area, property, or facilities owned, managed, leased, maintained, or operated by a regional convention and visitors HB 2934 21 commission, to develop, construct, reconstruct, rehabilitate, repair, or improve any tourism infrastructure facilities existing as of August 28, 2019, and for which application is made and approved by the department of economic development no later than August 28, [2020] 2028.

Any annual expenditure by a public body for such land clearance projects or regional convention and visitors commission projects related to tourism infrastructure facilities shall be limited to a portion of tax revenues derived directly or indirectly from any such land clearance project or projects or regional convention and visitors commission project or projects supported by such annual expenditure within such designated land clearance project area or areas or such areas or area owned, managed, leased, maintained, or operated by a regional convention and visitors commission, as stated in an agreement entered into between the authority or a regional convention and visitors commission established pursuant to section 67.601, and the public body under subdivision (10) of section 99.580 or section 67.607, as applicable;

provided, however, that:

[(1)] (a) The term of state appropriations under any such agreement entered into prior to August 28, 2021, shall not exceed twenty years, and for any agreement entered into beginning August 28, 2021, and ending on August 28, 2028, shall not exceed [twenty] thirty years;

[(2)] (b) The annual amount of the state appropriation authorized under this section shall not exceed two million five hundred thousand dollars per year for any fiscal year ending on or before June 30, 2031, and four million five hundred thousand dollars per year for any fiscal year thereafter.

No such appropriation shall be made prior to July 1, 2021;

[(3)] (c) Any such land clearance project or regional convention and visitors commission project shall be determined to produce a positive net fiscal impact for the state over the term of such agreement, with such public or private assurances as the director of the department of economic development may reasonably require;

and [(4)] (d) The director of the department of economic development shall make an annual written report on behalf of the department to the governor and the general assembly within ninety days of the end of each fiscal year detailing whether such land clearance project or such regional convention and visitors commission project produced a positive net fiscal impact for the state in the prior fiscal year and projecting the overall net fiscal impact to the state over the term of such agreement.

(2) Notwithstanding paragraph (b) of subdivision (1) of this subsection, for any regional convention and visitors commission projects as described in paragraph (a) of subdivision (1) of this subsection, the annual appropriation amount shall not exceed four million dollars per year for any fiscal year.

No such appropriation shall be made prior to July 1, 2027, for any tourism infrastructure facilities located in a convention district.

HB 2934 22 2.

As used in this section, "tourism infrastructure facilities" means structures, fixtures, systems, and facilities of multipurpose sports and entertainment venues with seating capacity less than twenty-five thousand, including associated parking facilities, owned by any public body and which the authority determines are a contributing factor in the attraction of sports, recreational, entertainment, or meeting activities, either professional or amateur, commercial or private.

Such structures, fixtures, systems, and facilities may include, but are not limited to, foundations, roofs, interior and exterior walls or windows, floors, steps, stairs, concourses, hallways, restrooms, event or meeting spaces or other hospitality-related areas, concession or food preparation areas, and services systems such as mechanical, gas utility, electrical, lighting, communication, sound, sanitary, HVAC, elevator, escalator, plumbing, sprinkler, cabling and wiring, life-safety security cameras, access deterrents, public safety improvements, or other building systems.

For purposes of this section, "tourism infrastructure facilities" shall also include any existing convention center, including any expansion thereof, or any sports stadiums;

field houses;

indoor and outdoor convention, recreational, and entertainment facilities and centers;

playing fields;

parking facilities and other suitable concessions;

and all things incidental or necessary to a complex suitable for all types of convention, entertainment, and meeting activities and for all types of sports and recreation, that are owned, leased, operated, maintained, or managed by the regional convention and visitors commission as contemplated by sections 67.601 to 67.626, along with any of the aforementioned structures, systems, and facilities associated therewith.

3.

For any land clearance project for which funds are expended under this section on a facility utilized by a professional sports franchise, if the owners of such franchise relocate the franchise to another state during the period of the agreement entered into under subsection 1 of this section, such owners shall repay to the general revenue fund the amount of funds expended by the state pursuant to such agreement.