Modifies provisions relating to the assessment of certain broadband communications equipment

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Hudson, Brad; House handler: N/A
Last action: 2026-02-11
Official status: Voted Do Pass S General Laws Committee
Effective date: 2026-08-28

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2026-02-11 Missouri House of Representatives and Missouri Senate
Voted Do Pass S General Laws Committee
2026-02-04 Missouri House of Representatives and Missouri Senate
Hearing Conducted S General Laws Committee
2026-01-27 S238
Second Read and Referred S General Laws Committee
2026-01-07 S70
S First Read
2025-12-01 Missouri House of Representatives and Missouri Senate
Prefiled

Official Summary Text

The following summaries of this bill are available:

Print All Summaries

Introduced

Print

SB 1202 - This act provides that the definition of "tangible personal property" shall, for the purposes of property taxation, include machinery and equipment used to provide broadband communications service, as described in the act. (Section 137.010)

This act also creates a new subclass of tangible personal property that includes machinery and equipment used to provide broadband communications service and that is placed in service on or after August 28, 2026. All such property shall be assessed at 12% of its true value in money for the 2027-2033 calendar years, and at 33.3% of its true value in money for the 2034 and all subsequent calendar years. (Sections 137.080 and 137.115)
JOSH NORBERG