Friday, April 20, 2007

Chapter 100 and Manufacturing Inputs Sales Tax Exemptions Advance

(April 20, 2007) The Missouri House debated and approved Senate Bill 30, a bill that now contains MEDC's priority legislation that would exempt cities from sales tax liability for leases and sales made under Chapter 100 arrangements and the exemption of manufacturing inputs we have discussed extensively in other articles on this blog. SB 30 will now return to the Senate and will then be sent to a conference committee to strike a compromise. After a compromise has been reached, the Senate and the House must approve the compromise bill. But for now, this is a victory and the issue is alive with four more weeks of the legislative session to go. Sen. Gary Nodler is the sponsor of the bill in the Senate and Rep. Bryan Stevenson is handling the bill in the House.

MEDC continues to work with Rep. Ron Richard, Sen. John Griesheimer, the Missouri Department of Economic Development, and others on the compromise language for House Bill 327. The bill is now the omnibus economic development bill containing Quality Jobs, Enhanced Enterprise Zones, and the manufacturing utility sales and use tax exemption.

Also this week, the Senate Committee on Ways and Means heard House Bill 131, containing the manufacturing inputs sales tax exemption and the Chapter 100 sales tax exemption. That bill is sponsored by Rep. Shannon Cooper and will be handled in the Senate by Sen. Jason Crowell. The bill is also in good position for passage this session.

Please contact your legislators and let them know you support SB 30, HB 327 and HB 131! If you need to find your legislator, please use the "Legislator Lookup" link at the upper right hand corner of this page.