SB 0218 Sales and use tax exemptions for railroads
LR Number:0848L.01I Fiscal Note:0848-01
Committee:Ways and Means
Last Action:01/24/01 - Hearing Conducted S Ways & Means Committee Journal page:
Effective Date:August 28, 2001
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Current Bill Summary

SB 218 - All retail sales to a railroad of rails, ties, ballast and signal control equipment within the state of Missouri are exempt from sales and use taxes if these materials are shipped wholly or in part under a bill of lading to a point outside of this state when the property is transported to the out-of-state destination for use by the purchasing railroad.