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Senate votes in favor of state notifying businesses of changes in sales tax

A Cole Co. judge declared lawmakers' inability to pass tax credit legislation in the fall rendered a Missouri science investment bill unconstitutional.
David Shane
/
Flickr
A Cole Co. judge declared lawmakers' inability to pass tax credit legislation in the fall rendered a Missouri science investment bill unconstitutional.

The Senate voted unanimously on Thursday in favor of a bill that requires the state to notify businesses of changes in sales tax policies. It would exempt businesses from paying certain taxes if the Department of Revenue doesn't give notice of changes.

The legislation aims to inform businesses if the courts or Revenue Department alter policies that could impact services and products subject to sales taxes.

Democratic Gov. Jay Nixon last year vetoed similar legislation. He says the notification requirement could have meant as much as $100 million in lost revenue annually for the state.

Legislators failed to override the veto.

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