Supplement: MO SB944 | 2022 | Regular Session | Summary: Introduced
For additional supplements on Missouri SB944 please see the Bill Drafting List
Bill Title: Modifies provisions relating to the classification of certain property
Status: 2022-03-02 - SCS Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee (4198S.02C) [SB944 Detail]
Download: Missouri-2022-SB944-Summary_Introduced.html
Bill Title: Modifies provisions relating to the classification of certain property
Status: 2022-03-02 - SCS Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee (4198S.02C) [SB944 Detail]
Download: Missouri-2022-SB944-Summary_Introduced.html
SB 944 - This act reclassifies stationary property used for transportation or storage of liquid and gaseous products, including, but not limited to, natural gas that is not propane or LP gas, water, and sewage, from real property to tangible personal property. (Section 137.010)
Beginning January 1, 2022, 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, but not limited to, natural gas that is not LP gas, water, and sewage that was or will be placed in service at any time. (Section 137.122)
This act is substantially similar to SB 196 (2021), SCS/SB 785 (2020), and HCS/HB 1907 (2020).
JOSH NORBERG
