Monday, March 23, 2015

The Missouri Senate's Capitol Briefing for the Week of March 16, 2015

JEFFERSON CITY—The Missouri Senate finished its final week before the annual spring recess by approving numerous bills, including sending the first Senate measure to the governor’s desk for possible signature into law.  

General Assembly Sends First Senate Bill to Governor’s Desk, Also Adopts Two Concurrent Resolutions

On Thursday, March 19, the Senate gave final approval to Senate Bill 149, sponsored by Sen. Mike Parson, R-Bolivar, by a vote of 30-3. The legislation creates a state and local sales and use tax exemption for data storage centers. These centers are used to house computer mainframes that hold online, electronic information for websites. The bill will encourage the growth of these centers by granting them a sale and use tax exemption. However, the project must result in at least $25 million in new facility investment and create 10 new jobs with wages at least 150 percent of the country average over a three-year period.