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MO SB20

Bill

Status

Vetoed

7/10/2015

Primary Sponsor

Will Kraus

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Creates a new sales and use tax exemption for commercial and industrial laundries that process at least 500 pounds of textiles per hour and at least 60,000 pounds per week

  • Exempts materials, manufactured goods, machinery and parts, electrical energy, gas (natural, artificial, or propane), water, coal, and other energy sources used to treat, clean, and sanitize textiles

  • Exempts chemicals, soaps, detergents, cleaning and sanitizing agents, and other ingredients and materials inserted during the laundering process

  • Exemption applies to both state sales tax and local sales taxes as defined in section 32.085

Legislative Description

Creates a sales and use tax exemption for materials and utilities used by commercial laundries

Last Action

Vetoed by Governor

7/10/2015

Committee Referrals

Fiscal Review5/12/2015
Select Committee on Financial Institutions and Taxation4/29/2015
Ways And Means4/15/2015
Governmental Accountability & Fiscal Oversight4/1/2015
Ways And Means And Fiscal Oversight1/13/2015

Full Bill Text

No bill text available