Summary of the Introduced Bill

HB 368 -- Sales and Use Tax Exemption for Electricity

Sponsor:  Nolte

Currently, a manufacturer can receive an exemption from sales and
use tax for electricity used in the primary manufacture of a
product when he or she proves that the total cost of electricity
used exceeds 10% of the total cost of production or the raw
materials used in the primary manufacture of a product contain at
least 25% recovered materials.  This bill creates a rebuttable
presumption that the raw materials used in the primary
manufacture of automobiles contain at least 25% recovered
materials.

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Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am