Missouri 2024 Regular Session

Missouri House Bill HB2681 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	SECONDREGULARSESSION
2	2	HOUSEBILLNO.2681
3	3	102NDGENERALASSEMBLY
4	4	INTRODUCEDBYREPRESENTATIVEEALY.
5	5	5539H.01I DANARADEMANMILLER,ChiefClerk
6	6	ANACT
7	7	Torepealsection144.054,RSMo,andtoenactinlieuthereofonenewsectionrelatingtoa
8	8	salesandusetaxexemption.
9	9	BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
10	10	SectionA.Section144.054,RSMo,isrepealedandonenewsectionenactedinlieu
11	11	2thereof,tobeknownassection144.054,toreadasfollows:
12	12	144.054.1.Asusedinthissection,thefollowingtermsmean:
13	13	2 (1)"Nuclearsecurityenterprise",thesamemeaningassetforthunder50U.S.C.
14	14	3Section2501(6),andisinclusiveofbuildings,structures,andinfrastructureconstructed
15	15	4foruseasadefensenuclearfacilityasdefinedunder50U.S.C.Section2501(5);
16	16	5 (2)"Processing",anymodeoftreatment,act,orseriesofactsperformedupon
17	17	6materialstotransformorreducethemtoadifferentstateorthing,includingtreatment
18	18	7necessarytomaintainorpreservesuchprocessingbytheproducerattheproductionfacility;
19	19	8 [(2)](3)"Producing"includes,butisnotlimitedto,theproductionof,includingthe
20	20	9productionandtransmissionof,telecommunicationservices;
21	21	10 [(3)](4)"Product"includes,butisnotlimitedto,telecommunicationsservices;
22	22	11 [(4)](5)"Recoveredmaterials",thosematerialswhichhavebeendivertedorremoved
23	23	12fromthesolidwastestreamforsale,use,reuse,orrecycling,whetherornottheyrequire
24	24	13subsequentseparationandprocessing.
25	25	14 2.Inadditiontoallotherexemptionsgrantedunderthischapter,thereishereby
26	26	15specificallyexemptedfromtheprovisionsofthischapterandthelocalsalestaxlawas
27	27	16definedinsection32.085andfromthecomputationofthetaxlevied,assessed,orpayable
28	28	17underthischapterandthelocalsalestaxlawasdefinedinsection32.085,electricalenergy
29	29	EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
30	30	intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 18andgas,whethernatural,artificial,orpropane,water,coal,andenergysources,chemicals,
31	31	19machinery,equipment,andmaterialsusedorconsumedinthemanufacturing,processing,
32	32	20compounding,mining,orproducingofanyproduct,orusedorconsumedintheprocessingof
33	33	21recoveredmaterials,orusedinresearchanddevelopmentrelatedtomanufacturing,
34	34	22processing,compounding,mining,orproducinganyproduct.Theconstructionand
35	35	23applicationofthissubsectionasexpressedbytheMissourisupremecourtinDSTSystems,
36	36	24Inc.v.DirectorofRevenue,43S.W.3d799(Mo.banc2001);SouthwesternBellTel.Co.v.
37	37	25DirectorofRevenue,78S.W.3d763(Mo.banc2002);andSouthwesternBellTel.Co.v.
38	38	26DirectorofRevenue,182S.W.3d226(Mo.banc2005),isherebyaffirmed.
39	39	27 3.Inadditiontoallotherexemptionsgrantedunderthischapter,thereishereby
40	40	28specificallyexemptedfromtheprovisionsofthischapterandthelocalsalestaxlawas
41	41	29definedinsection32.085,andfromthecomputationofthetaxlevied,assessed,orpayable
42	42	30underthischapterandthelocalsalestaxlawasdefinedinsection32.085,allutilities,
43	43	31machinery,andequipmentusedorconsumeddirectlyintelevisionorradiobroadcastingand
44	44	32allsalesandpurchasesoftangiblepersonalproperty,utilities,services,oranyother
45	45	33transactionthatwouldotherwisebesubjecttothestateorlocalsalesorusetaxwhensuch
46	46	34salesaremadetoorpurchasesaremadebyacontractorforuseinfulfillmentofany
47	47	35obligationunderadefensecontractwiththeUnitedStatesgovernment,andallsalesand
48	48	36leasesoftangiblepersonalpropertybyanycounty,city,incorporatedtown,orvillage,
49	49	37providedsuchsaleorleaseisauthorizedunderchapter100,andsuchtransactioniscertified
50	50	38forsalestaxexemptionbythedepartmentofeconomicdevelopment,andtangiblepersonal
51	51	39propertyusedforrailroadinfrastructurebroughtintothisstateforprocessing,fabrication,or
52	52	40othermodificationforuseoutsidethestateintheregularcourseofbusiness.
53	53	41 4.Inadditiontoallotherexemptionsgrantedunderthischapter,thereishereby
54	54	42specificallyexemptedfromtheprovisionsofthischapterandthelocalsalestaxlawas
55	55	43definedinsection32.085,andfromthecomputationofthetaxlevied,assessed,orpayable
56	56	44underthischapterandthelocalsalestaxlawasdefinedinsection32.085,allsalesand
57	57	45purchasesoftangiblepersonalproperty,utilities,services,oranyothertransactionthatwould
58	58	46otherwisebesubjecttothestateorlocalsalesorusetaxwhensuchsalesaremadetoor
59	59	47purchasesaremadebyaprivatepartnerforuseincompletingaprojectundersections
60	60	48227.600to227.669.
61	61	49 5.Inadditiontoallotherexemptionsgrantedunderthischapter,thereishereby
62	62	50specificallyexemptedfromtheprovisionsofthischapterandthelocalsalestaxlawas
63	63	51definedinsection32.085,andfromthecomputationofthetaxlevied,assessed,orpayable
64	64	52underthischapterandthelocalsalestaxlawasdefinedinsection32.085,allmaterials,
65	65	53manufacturedgoods,machineryandparts,electricalenergyandgas,whethernatural,
66	66	54artificialorpropane,water,coalandotherenergysources,chemicals,soaps,detergents,
67	67	HB2681 2 55cleaningandsanitizingagents,andotheringredientsandmaterialsinsertedbycommercialor
68	68	56industriallaundriestotreat,clean,andsanitizetextilesinfacilitieswhichprocessatleastfive
69	69	57hundredpoundsoftextilesperhourandatleastsixtythousandpoundsperweek.
70	70	58 6.Inadditiontoallotherexemptionsgrantedunderthischapter,beginningon
71	71	59oraftertheeffectivedateofthissectionandendingonorbeforeJune30,2034,thereis
72	72	60herebyspecificallyexemptedfromtheprovisionsofthischapterandthelocalsalestax
73	73	61lawasdefinedundersection32.085,andfromthecomputationofthetaxlevied,
74	74	62assessed,orpayableunderthischapterandthelocalsalestaxlawasdefinedunder
75	75	63section32.085,allsalesandpurchasesoftangiblepersonalproperty,buildingmaterials,
76	76	64equipment,fixtures,manufacturedgoods,machinery,andpartsforthepurposesof
77	77	65constructinganuclearsecurityenterpriseinacitywithmorethanfourhundred
78	78	66thousandinhabitantsandlocatedinmorethanonecounty.
79	79	✔
80	80	HB2681 3