MO HB1435

Exempts sales of farm products sold at farmers' markets from state and local sales and use taxes under Missouri law.

Defines "farm products" to include fresh fruits, vegetables, mushrooms, nuts, eggs, honey, maple syrup, flowers, nursery stock, livestock food products, aquaculture products, and farmer-processed items including baked goods.

Defines "farmers' market" as an individual farmer or cooperative/nonprofit enterprise that operates as a common marketplace for farmers to sell directly to consumers year-round.

Exemption does not apply to farmers with estimated total annual sales of $25,000 or more from farmers' market participation.