SECOND REGULAR SESSION
94TH GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES SUTHERLAND (Sponsor), KRAUS, SPRENG AND LAMPE (Co-sponsors).
Read 1st time February 21, 2008 and copies ordered printed.
D. ADAM CRUMBLISS, Chief Clerk
AN ACT
To amend chapter 144, RSMo, by adding thereto one new section relating to energy efficient products.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 144, RSMo, is amended by adding thereto one new section, to be known as section 144.052, to read as follows:
144.052. 1. This section shall be known and may be cited as the "Show-Me Green Tax Holiday Act".
2. As used in this section, "energy efficient products" means any dishwasher, clothes washer, clothes dryer, air conditioner, furnace, water heater, ceiling fan, incandescent or florescent light bulb, dehumidifier, programmable thermostat, or refrigerator that has been designated by the United States Environmental Protection Agency or the United States Department of Energy as meeting or exceeding the requirements of the Energy Star program of either agency, and that is purchased for noncommercial home or personal use.
3. In each year beginning on or after January 1, 2008, there is hereby specifically exempted from state sales tax law all retail sales of any energy efficient product having a selling price of one thousand five hundred dollars or less per product, during a seven-day period beginning at 12:01 a.m. on the first Friday in November and ending at midnight on the Thursday following.
4. Beginning on August 28, 2008, the governing body of any political subdivision may adopt an order or ordinance stating that the sales tax holiday in this section shall not apply to the collection of local sales taxes on sales that occur within the political subdivision. Upon adoption of such an order or ordinance, the governing body of the political subdivision shall provide written notice to the department of revenue of the substance of the order or ordinance.
5. The exemption in this section shall not apply to any sales which take place within the Missouri state fairgrounds, or to any sales of items purchased for trade, business, or resale purposes.
6. This section shall not apply to any retailer when less than two percent of the retailer's merchandise offered for sale qualifies for the sales tax holiday. The retailer shall offer a sales tax refund in lieu of the sales tax holiday.
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