MO HB52

Authorizes the Department of Revenue to promulgate rules necessary to implement the Streamlined Sales and Use Tax Agreement, subject to the Administrative Procedure Act

Changes the effective date for newly adopted local sales taxes from the first calendar quarter following adoption to the first day of the second calendar quarter after the director of revenue receives notice of adoption

Expands definitions in sales tax law to include detailed product classifications and bundled transaction rules consistent with streamlined sales tax standards

Adds "telecommunications service" definitions effective January 1, 2011, covering air-to-ground service, ancillary services, mobile telecommunications service, and prepaid wireless calling service

Modifies tax sourcing rules, particularly for sales transactions, to align with streamlined agreement requirements regarding where sales are deemed consummated