- Senate Bill 57, sponsored by Sen. Mary Elizabeth Coleman, aims to exempt diapers from sales tax.
- The bill was included in House Bill 594 and 508, passed by the Senate on April 7.
- The bill is now headed back to the House of Representatives for final approval.
- Sen. Coleman has been advocating for similar legislation to ease financial burdens on low-income families.
- Missouri’s Constitution prohibits taxation on essentials, but diapers are currently taxed as luxury items.
- The bill seeks to align Missouri’s tax policy with other states that exempt essential items from sales tax.
- The original purpose of HB 594 was to authorize an income tax deduction for capital gains.
- If approved by the House, the bill will proceed to the governor for signing.
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.
Latest Posts in "United States"
- Sales Tax Automation: Why Software Alone Can’t Ensure Complete Compliance and Risk Management
- Navigating the Ever-Changing Patchwork of U.S. Sales Tax Rates for E-Commerce Businesses
- Understanding Sales Tax Nexus: When Your Business Must Collect and Remit Across States
- South Carolina Rules Scaffolding Use by Insulation Contractors Is Not a Taxable Rental
- Juneau Approves Sales Tax Exemptions for Essential Foods and Residential Utilities
