SB 247 - Kraus, Will
Modifies certain definitions for sales and use tax exemptions
Bill Details
Sponsor
LR Number
0899S.03C
Title
SCS SB 247
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2017
Committee
Current Status
Informal Calendar S Bills for Perfection--SB 247-Kraus, with SCS
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SCS/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 is identical to HB 682 (2017) and is substantially similar to provisions contained in HB 992 (2017).
JOSHUA NORBERG