SCS/HCS/HB 154 - This act modifies provisions relating to taxation.FOOD PANTRY TAX CREDIT
Current law authorizes tax credits for donations made to local food pantries, local soup kitchens, and local homeless shelters, with such tax credits limited to annual authorizations of $1.75 million. This act increases the maximum amount of annual authorizations to $2.75 million.
Additionally, such tax credits are scheduled to sunset on December 31, 2026. This act extends the sunset date to December 31, 2027. (Section 135.647)
This provision is identical to SB 488 (2023) and HB 653 (2023) and to a provision in HCS/SS/SB 143 (2023), and is substantially similar to a provision in HCS/SS/SCS/SB 92 (2023).
FOOD SALES TAX EXEMPTION
Current law taxes retail sales of food, as defined in current law, at a rate of one percent. This act provides that retail sales of food shall be exempt from state sales taxes. (Section 144.014)
This provision is identical to SCS/SB 161 (2023) and is substantially similar to HB 260 (2023), HB 452 (2023), HB 591 (2023), HB 896 (2023), HCS#2/HB 1992 (2022), HB 1817 (2022), and HB 2530 (2022), and to a provision in HB 377 (2023), HCS/HBs 876, 771, 676 & 551 (2023), HB 1136 (2023), HB 1779 (2022), and HB 2249 (2022).
MEDICAL DEVICES SALES TAX EXEMPTIONS
Current law provides a sales tax exemption for certain durable medical equipment as defined on January 1, 1980, by the federal Medicare program. This act removes the reference to January 1, 1980.
Additionally, current law provides a sales tax exemption for the sales or rental of manual and powered wheelchairs, including parts. This act applies the exemption to accessories for such wheelchairs. (Section 144.030)
This provision is identical to SB 173 (2023), and is similar to SB 943 (2022), HB 1864 (2022), and SB 483 (2021), and to a provision in SS/SCS/SB 649 (2022), SB 743 (2022), CCS/HCS/SB 226 (2021).
This act provides a sales tax exemption for sales of class III medical devices that use electric fields for the purposes of treatment of cancer, including components and repair parts and disposable or single patient use supplies required for the use of such supplies. (Section 144.813)
This provision is identical to a provision in SS/SCS/SB 131 (2023), and is substantially similar to SB 943 (2022), HB 1864 (2022), and SB 483 (2021), and to a provision in SS/SCS/SB 649 (2022), SB 743 (2022), CCS/HCS/SB 226 (2021).
DIAPERS SALES TAX EXEMPTION
This act authorizes a sales tax exemption for the purchase of diapers, as defined in the act. (Section 144.030.2(47))
This provision is identical to HB 290 (2023), SB 1124 (2022), and HB 2384 (2022), and to a provision in SS/SCS/SBs 73 & 162 (2023), HCS/SS/SB 143 (2023), and SS#2/SCS/SB 649 (2022), and is substantially similar to HB 351 (2023), HB 744 (2023), and HCS/HBs 1679, 2859, & 2272 (2022), and to a provision in SCS/SB 184 (2023), HCS/HBs 876, 771, 676 & 551 (2023), and HB 1136 (2023).
FEMININE HYGIENE PRODUCTS SALES TAX EXEMPTION
This act provides a sales tax exemption for all purchases of feminine hygiene products, defined as tampons, pads, liners, and cups. (Section 144.030.2(48))
This provision is identical to SB 433 (2023) and SB 897 (2022), and to a provision in SS/SCS/SBs 73 & 162 (2023), is substantially similar to HB 351 (2023) and HCS/HBs 1679 (2022), 2859, & 2272 (2022), and to a provision in HCS/SS/SB 143 (2023), HCS/HBs 876, 771, 676 & 551 (2023), and HB 1136 (2023), and is similar to SB 800 (2020), HCS/HBs 1306 & 2065 (2020), SB 443 (2019), and HB 747 (2019), and to a provision contained in HCS/SS/SCS/SB 570 (2020).
ELECTRICITY SALES TAX EXEMPTION
This act creates a state and local sales tax exemption for utilities, equipment, and materials used to generate or transmit electricity. (Section 144.058)
This provision is identical to a provision in HCS/SB 247 (2023) and HCS/SB 275 (2023), is substantially similar to SB 300 (2023), SB 246 (2021), SB 757 (2020), SB 467 (2019), HB 64 (2017), SB 784 (2016), SB 480 (2015), and HB 693 (2015), and to a provision in SB 275 (2023), and is similar to HB 1511 (2018), HB 2255 (2014), and to a provision in CCS/HCS/SB 584 (2014).
JOSH NORBERG