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MO SB480

Bill

Status

Introduced

2/23/2015

Primary Sponsor

Robert Onder

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Exempts electrical energy, natural/artificial/propane gas, water, coal, and other energy sources from state sales and use tax under sections 144.010-144.525 and 144.600-144.761

  • Exempts chemicals, machinery, equipment, parts, and materials used to generate, transmit, distribute, sell, or furnish electricity for light, heat, or power

  • Exempts conduits, ducts, devices, and apparatus used for containing or carrying conductors that transmit electricity to consumers

  • Exemption applies only to state sales tax; local sales taxes as defined in section 32.085 remain applicable

  • Exemption is supplemental to any other existing sales or use tax exemptions provided by law

Legislative Description

Creates a state sales and use tax exemption for utilities, equipment, and materials used to generate or transmit electricity

Last Action

Voted Do Pass S Ways and Means Committee

4/9/2015

Committee Referrals

Ways And Means And Fiscal Oversight3/5/2015

Full Bill Text

No bill text available