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MO HB693
Bill
Status
1/27/2015
Primary Sponsor
Eric Burlison
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AI Summary
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Exempts from state sales and use tax electrical energy, gas (natural, artificial, or propane), water, coal, and other energy sources used in generating, transmitting, distributing, or selling electricity for light, heat, or power
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Exempts chemicals, machinery, equipment, parts, and materials used or consumed in connection with electricity generation and transmission operations
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Exempts conduits, ducts, devices, materials, apparatus, and property used for containing or carrying conductors that transmit electricity to customers
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Exemption applies only to state sales taxes and does not apply to local sales taxes as defined in section 32.085
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Creates new section 144.058 in RSMo Chapter 144, supplementing existing sales and use tax exemptions
Legislative Description
Authorizes a sales tax exemption for electricity and gas used or consumed and the specified related infrastructure involved in the production or transmission of electricity to customers
Last Action
Public Hearing Completed (H)
4/21/2015