Bill > HB1162

This bill modifies Missouri's sales tax law by expanding and clarifying several existing tax exemptions. Specifically, the bill creates new exemptions from state and local sales taxes for various industries and activities, including utilities, machinery, and equipment used in manufacturing, processing, and broadcasting; materials used by contractors for defense contracts; tangible personal property sold by local governments; railroad infrastructure processing; commercial laundry equipment and materials; and construction materials for nuclear security enterprise facilities. A key change is that some exemptions will no longer apply to local sales taxes as previously defined, while others will continue to apply to both state and local sales taxes. The bill defines several technical terms like "processing" and "nuclear security enterprise" and references specific legal precedents from Missouri Supreme Court cases. The exemption for nuclear security enterprise construction materials is set to expire on August 28, 2034. These modifications aim to provide targeted tax relief for specific industries and economic development projects while clarifying the scope of existing sales tax exemptions.

Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB1162&year=2025&code=R