MO SB823

Repeals and replaces section 144.054 of Missouri Revised Statutes to add a new sales and use tax exemption for data storage services and related activities.

Defines "data storage" to include data processing, hosting, and related services (NAICS 518210), internet publishing and broadcasting, and web search portals (NAICS 519130).

Exempts utilities, machinery, and equipment used directly in data storage from state and local sales and use tax, applying the same rules as television and radio broadcasting equipment.

Exemptions apply to state sales tax but explicitly do not apply to local sales taxes as defined in section 32.085, RSMo.

Maintains existing exemptions for manufacturing, processing, mining, and producing industries involving electrical energy, gas, water, coal, chemicals, machinery, equipment, and materials used in those operations.