ST. LOUIS • A St. Louis alderman is seeking to make dividends and stock options subject to the city’s earnings tax.

Alderman Sharon Tyus introduced a bill on Friday seeking to add dividends and stock options as taxable income subject to the city’s one-percent earnings tax.

Tyus’ bill states that “income received in the form of dividends, and any income received by a person in the form of or related to the grant, vesting or exercise of stock options, performance shares or performance-based stock related incentive plans shall be taxable under this chapter.”

The earnings tax, currently placed on wages, is collected from all city residents and non-city residents who work within city limits.

The bill comes as city voters prepare to consider whether to continue the tax. They will vote on April 5. A state law requires city voters to reconsider the tax every five years. Voters last did so in 2011 by an overwhelming margin.

St. Louis leaders had pledged to become less reliant on the tax, but they have failed to do so. The tax makes up 33 percent of the city’s annual general fund budget. Five years ago, it made up 31 percent.