SECOND REGULAR SESSION
SENATE COMMITTEE SUBSTITUTE FOR
SENATE BILL NO. 956
90TH GENERAL ASSEMBLY
TERRY L. SPIELER, Secretary.
4373S.02C
AN ACT
To repeal section 34.076, RSMo Supp. 1999, relating to certain sales tax exemptions, and to enact in lieu thereof one new section relating to the same subject.
Section A. Section 34.076, RSMo Supp. 1999, is repealed and one new section enacted in lieu thereof, to be known as section 34.076, to read as follows:
34.076. 1. To the extent permitted by federal laws and regulations, whenever the state of Missouri, or any department, agency or institution thereof or any political subdivision shall let for bid any contract to a contractor for any public works or product, the contractor or bidder domiciled outside the boundaries of the state of Missouri shall be required, in order to be successful, to submit a bid the same percent less than the lowest bid submitted by a responsible contractor or bidder domiciled in Missouri as would be required for such a Missouri domiciled contractor or bidder to succeed over the bidding contractor or bidder domiciled outside Missouri on a like contract or bid being let in the person's domiciliary state and, further, the contractor or bidder domiciled outside the boundaries of Missouri shall be required to submit an audited financial statement as would be required of a Missouri domiciled contractor or bidder on a like contract or bid being let in the domiciliary state of that contractor or bidder.
2. Subsection 1 of this section shall not apply to any contractor who is qualified for bidding purposes with the department of transportation and submits a successful bid wherein part of or all funds are furnished by the United States.
3. Subsection 1 of this section shall not apply to any public works or product transportation where the bid is less than five thousand dollars.
4. Whenever the state of Missouri, or any department, agency or institution thereof or any political subdivision, thereof, shall let for bid any contract, any amount in bids which represents sales tax paid on materials or personal property to be used in constructing, repairing or remodeling, shall be disregarded in determining the bid.