Bill > HB653

This bill modifies Missouri's sales tax exemption provisions by making several technical changes to the existing law. The bill primarily updates and clarifies existing exemptions for various types of purchases, including those related to manufacturing, agricultural equipment, medical devices, and utilities. Notably, the bill adds language to expand exemptions for vehicle parts and material recovery processing plants, and makes specific changes to how telecommunications services are defined in the context of manufacturing. The bill also includes provisions that reaffirm previous court interpretations of sales tax exemptions, particularly those related to telecommunications companies. Additionally, the bill includes a provision that nullifies any previous agreements between businesses and state agencies regarding sales tax collection that have not been specifically approved by a majority vote in the state legislature. The changes aim to provide more clarity and specificity to existing sales tax exemption rules, potentially benefiting certain industries and businesses operating in Missouri.

Budget and Finance, Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB653&year=2025&code=R