Senate Substitute

VIDEO SERVICE PROVIDERS (Section 67.2677)

This act modifies the definition of "video service" to include the provision of video programming by a video service provider provided through wireline facilities located in a public right-of-way without regard to the delivery technology. "Video service" does not include any video programming accessed via a service that enables users to access content over the internet, including streaming content.

This provision is identical to a provision in the perfected SS#2/SB 872 (2024) SB 803 (2024), SB 947 (2024), SB 999 (2024), SB 1316 (2024), SB 152 (2023), and substantially similar to HB 2057 (2024), a provision in the perfected HCS/HB 2058 (2024), a provision in HCS/HB 2206 (2024), HB 2281 (2024), a provision in HCS/SS/SB 222 (2023), HCS/SB 275 (2023), SB 299 (2023), HCS/HB 536 (2023), HCS/HBs 651, 479 & 647 (2023), and SCS/SB 1232 (2022).

EXTENDS SUNSET DATE ON UNIFORM SMALL WIRELESS FACILITY DEPLOYMENT ACT (Section 67.5122)

This act extends the sunset date of the Uniform Small Wireless Facility Deployment Act from January 1, 2025, to December 31, 2029.

This provision is identical to a provision in SS#2/SB 872 (2024), SB 1411 (2024).

REIMBURSEMENT OF COSTS FOR UTILITY FACILITY RELOCATION (Sections 71.340 and 226.220)

Under the act, a municipality shall not perform any road maintenance or construction unless it reimburses a nonrate regulated utility provider, as defined in the act, for costs incurred for facility relocation due to road maintenance and construction. A municipality shall be authorized to pay such facility relocation costs as part of the costs of road maintenance and construction.

The State Road Fund shall be used for reimbursing nonrate regulated utility providers for any costs associated with facility relocation under the act.

These provisions are substantially similar to provisions in HCS/HB 2056 (2024) and SCS/SB 1018 (2024).

ASSESSMENT OF SOLAR ENERGY PROPERTY (Sections 137.010, 137.080, 137.115)

The act modifies the definition of "tangible personal property" and adds solar panels and related solar equipment that were constructed and producing solar energy before August 9, 2022, to the subclasses of taxable tangible personal property.

These provisions are identical to SB 1219 (2024).

ASSESSMENT OF STATIONARY PROPERTY (Section 137.122)

Beginning January 1, 2025, the provisions of current law relating to depreciable tangible personal property shall apply to all stationary property used for transportation or storage of liquid and gaseous products including, water, sewage, and natural gas that is not propane or LP gas, but not including petroleum products.

To estimate the value of such stationary property, this act requires that the assessor shall value such property by applying the twenty-year depreciation schedule provided in current law to the original cost of the property. The presumption as to the proper method of determining the assessed value of such property shall apply regardless of when such property was placed in service.

The act requires each taxpayer to provide to the assessor, upon written request from the assessor received no later than January 31st of the applicable tax year, the original cost and year placed in service of such property summarized in a format that is substantially similar to the real property reporting and valuation forms contained in section 7.4 of the State Tax Commission assessor manual (revision date March 23, 2016). Upon the written request of the assessor, such information shall be provided for each taxing district within the assessor's jurisdiction. If requested by the taxpayer, the assessor shall provide to the taxpayer geographic information system maps, as described in the act. The taxpayer shall certify that the information provided to the assessor is accurate to the best of its knowledge. All information provided to an assessor pursuant to this act shall be considered proprietary information and shall be accessible only to the assessor and the assessor's staff for internal use only.

This provision is substantially similar to a provision in SB 896 (2024), a provision in HCS/HB 1746 (2024), HB 2110 (2024), 533 (2023), HB 349 (2023), SB 196 (2021), SCS/SB 785 (2020), and HCS/HB 1907 (2020), and to provisions in SCS/SB 944 (2022) and HCS/HB 2208 (2022).

BROADBAND GRANT DEDUCTION (Section 143.121)

Current law authorizes a taxpayer to claim an income tax deduction for 100% of federal grant moneys received for the purpose of providing or expanding access to broadband internet to areas of the state deemed to be lacking such access. This act modifies such deduction to also allow it to be taken for state and local grant moneys received.

This provisions is identical to a provision in SS#2/SB 872 (2024), a provision in the perfected HB 2142 (2024)

SALES TAX EXEMPTION FOR UTILITIES (Section 144.058)

This provision creates a state and local sales tax exemption for utilities, equipment, and materials used to generate or transmit electricity. A public utility realizing savings as a result of this exemption shall provide the Public Service Commission information on the amount of savings realized and shall include a statement that such savings will be passed through to the public utility's rate determined in the public utility's next general rate proceeding.

This provision is identical to a provision in SS#2/SB 872 (2024), a provision in SB 896 (2024), HCS/SB 247 (2023), and SCS/HCS/HB 154 (2023), 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 is similar to HB 1511 (2018), HB 2255 (2014), and to a provision in CCS/HCS/SB 584 (2014).

TAX EXEMPTIONS FOR BROADBAND COMMUNICATIONS SERVICE EQUIPMENT (Section 144.812)

This provision authorizes a state and local sales tax exemption for the sale of machinery and equipment used to provide broadband communications service, as defined in the act.

This provision is identical to SB 1354 (2024) and HB 2168 (2024).

SEWER SERVICES (Section 393.1506)

Under the act, a water or sewer corporation that provides sewer service to more than 8,000 customer connections, or a combination of either to more than 8,000 customer connections may file a petition and proposed rate schedules with the Public Service Commission to establish or change WSIRA.

This provision is identical to a provision in SCS/HCS/HB 1746 (2024), a provision in SCS/SB 740 (2024), a provision in SCS/SB 741 (2024), and a provision in SB 896 (2024).

JULIA SHEVELEVA