Establishes the Missouri Defense and Energy Independence Act

Summary

The bill would exempt from state and local sales tax a broad range of energy, water, chemicals, machinery and other items used in manufacturing critical materials and pharmaceuticals, as well as for defense contracts, broadcasting, nuclear security construction, and large‑scale laundry operations. It applies to qualified companies—non‑traditional defense contractors—that file a notice of intent with the Department of Economic Development and incur qualified project costs. The goal is to strengthen Missouri’s defense and energy supply chains by lowering tax costs for these activities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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