Summary of the Perfected Version of the Bill

HCS HB 1099 -- MATERIAL RECOVERY PROCESS EXEMPTION (Reinhart)

This substitute authorizes a sales/use tax exemption for certain
gases, liquids, and solids necessary to effect a manufacturing
conversion or material recovery.  The substitute also allows all
entities involved in the manufacturing and material recovery of a
product to claim the sales/use tax exemption.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of Unknown
in FY 2005, FY 2006, and FY 2007.  Estimated Cost on Other State
Funds of Unknown in FY 2005, FY 2006, and FY 2007.

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am