Bill > HB2711

This bill modifies provisions related to the assessment of certain broadband communications equipment by redefining "tangible personal property" to include machinery and equipment used to provide wired or wireless broadband communications service, encompassing a wide range of items from wires and antennas to software and customer-premise equipment. It also establishes specific assessment rates for new machinery and equipment used for fiber and broadband communications service, with a lower rate of twelve percent for equipment placed in service after August 28, 2026, and before January 1, 2034, and a standard rate of thirty-three and one-third percent thereafter. These changes aim to clarify and potentially adjust how such telecommunications infrastructure is taxed.

Transportation and Infrastructure

https://house.mo.gov/Bill.aspx?bill=HB2711&year=2026&code=R