State Sales Tax Exemption for Electricity Generation and Transmission: SB 1129

• SB 1129 creates a state sales tax exemption for utilities, equipment, and materials used to generate or transmit electricity
• The act is identical to several previous bills and substantially similar to other provisions in different bills
• The goal is to provide tax relief for those involved in electricity generation and transmission.

Source: senate.mo.gov

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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