HB 1810 -- Taxation

Sponsor:  Cooper (120)

This bill changes the laws regarding sales and use, property, and
motor fuel taxes.  In its main provisions, the bill:

(1)  Modifies the state sales and use tax exemption for the cost
of all utilities, chemicals, machinery, equipment, and materials
used in the manufacturing, processing, compounding, mining, or
production of a product; the processing recovered materials; or
the research and development related to manufacturing to include
transportation development districts and local sales tax;

(2)  Authorizes, beginning January 1, 2009, a property tax credit
for expenses incurred to manufacture, maintain, or improve a
freight line company's qualified rolling stock up to the amount
of its tax liability.  The state will annually reimburse a
political subdivision for any loss in revenue; and

(3)  Requires the Department of Revenue to simplify the motor
fuel tax exemption process by reducing the administrative burden,
reducing the time to receive a refund, and splitting the refund
administrative burden between the fuel wholesaler/retailer and
the tax exempt entity.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm