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2018 Bill(s)
SB 625 Sponsor:Cierpiot, Mike Status: H 3rd Read: Dropped Description: Abrogate (reverse) portions of a 2016 state Supreme Court decision that held that IBM's sale of computers to a credit card company did not constitute manufacturing costs that are exempt from the sales tax. The bill essentially would expand the definition of manufacturing to include production and transmission of telecommunicationm data. Missouri law exempts the costs of purchasing equipment for manufacturing from the sales tax. The court decision held data processing is not manufacturing.
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Note: The descriptions of bills, amendments and roll-call votes are written by MDN journalists. MDN's database may not include committee assignments of bills made on the last day of the session since it is too late for the committee to act on the bill and, thus, the delayed assignment has no practical effect.
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