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MO SB881

MO SB881
Authorizes a sales tax exemption for the purchase of certain solar energy systems


summary

Introduced
01/05/2022
In Committee
01/27/2022
Crossed Over
Passed
Dead
05/13/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT To repeal section 144.030, RSMo, and to enact in lieu thereof one new section relating to a sales tax exemption for certain solar energy systems.

AI Summary

This bill repeals and replaces Missouri's existing sales tax exemption law to specifically exempt from sales tax all purchases by Missouri companies of solar photovoltaic energy systems and supplies used to improve those systems. To qualify, the solar systems must have energy storage capabilities, smart meter inverter capacity, or be utility-scale projects over 20 megawatts. The bill defines a "Missouri company" as any corporation or business organization registered with the Secretary of State.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

SCS Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee (3288S.07C) (on 03/09/2022)

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