HB1883

HB1883 provides a sales tax exemption for certain used personal property in Missouri.

HB1883 amends Missouri's sales tax law to exempt certain used tangible personal property from sales tax. This includes used tangible personal property purchased at an auction, used directly in producing farm products, and used in the manufacturing, processing, modification, or assembling of products. The exemption does not apply to motor vehicles, trailers, boats, or outboard motors purchased or acquired for use on the highways or waters of the state.