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SB 247 - This act modifies the definition of the terms "product" and "manufacturing" in the sales and use tax exemptions in response to the Missouri Supreme Court decision in IBM Corporation v. Director of Revenue 491 S.W.3d 535 (Mo. banc 2016). The definition of "product" shall include telecommunications services and the term "manufacturing" shall include the electronic transfer of voices. This act also abrogates the Missouri Supreme Court's decision in IBM Corporation v. Director of Revenue and instructs the director of the Department of Revenue and all courts of competent jurisdiction to follow the reasoning of the Court in Southwestern Bell Tel. Co. v. Director of Revenue 78 S.W.3d 763 (Mo. banc 2002) and Southwestern Bell Tel. Co. v. Director of Revenue 182 S.W.3d 226 (Mo. banc 2005). JOSHUA NORBERG
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