Friday, April 20, 2007

AIM/TRIM Manufacturing Inputs Exemption Advances on Several Bills

(April 20, 2007) The Missouri House debated and approved Senate Bill 30, a bill that now contains AIM/TRIM's exemption of manufacturing inputs we have discussed extensively in other articles on this blog. SB 30 will now return to the Senate and will then be sent to a conference committee to strike a compromise. After a compromise has been reached, the Senate and the House must approve the compromise bill. But for now, this is a victory and the issue is alive with four more weeks of the legislative session to go. Sen. Gary Nodler is the sponsor of the bill in the Senate and Rep. Bryan Stevenson is handling the bill in the House.

We are continuing to work with Rep. Ron Richard, Sen. John Griesheimer, the Missouri Department of Economic Development, and others on the compromise language for House Bill 327. The bill is now the omnibus economic development bill containing several important economic development programs and the AIM/TRIM manufacturing utility sales and use tax exemption.

Also this week, the Senate Committee on Ways and Means heard House Bill 131, which also contains the AIM/TRIM manufacturing inputs sales tax exemption. That bill is sponsored by Rep. Shannon Cooper and will be handled in the Senate by Sen. Jason Crowell. The bill is also in good position for passage this session.

Please contact your legislators and let them know you support SB 30, HB 327 and HB 131! If you need to find your legislator, please use the "Legislator Lookup" link under the "Resources" tab at the left side of this screen.

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