SB1202

Missouri SB1202 modifies the assessment of broadband communications equipment for tax purposes.

Missouri SB1202 modifies the assessment of certain broadband communications equipment for tax purposes. The bill specifies that machinery and equipment used to provide broadband communications service, placed in service on or after August 28, 2026, will be assessed at 12% for all calendar years beginning on or after January 1, 2027, and ending on or before December 31, 2033. For calendar years beginning on or after January 1, 2034, the assessment rate increases to 33.3%.