MO HB1513

Exempts data storage centers and server farm facilities from state and local sales and use taxes on electrical energy, gas, water, utilities, telecommunications services, machinery, equipment, and computers effective January 1, 2011.

Exempts tangible personal property and materials purchased for constructing, repairing, or remodeling data storage center and server farm facilities from sales and use taxes.

Requires a minimum investment of $1 million or more per year by data storage centers and server farm facilities to qualify for the tax exemption, which applies to both initial and subsequent equipment throughout the facility's lifetime.

Requires facilities seeking exemption to submit a project plan to the Department of Economic Development, which must certify the project in conjunction with the Department of Revenue and conduct random audits for compliance.

Allows phased construction of certified data storage center and server farm facilities without penalties or time frame restrictions.