Proposal lists a tax exemption for material recovery plant equipment

The proposal would exempt certain material recovery plant equipment and related supplies from sales tax. A material recovery plant mainly turns recovered materials into a usable product or another form used to make a new product. The equipment must be bought and used to establish a new plant, or replace or expand an existing plant in Missouri. The text also covers equipment used exclusively to collect recovered materials for delivery to a plant and facilities licensed under section 301.218; it excludes motor vehicles used on highways. The text gives no start or end date.