SB 1388 - This act authorizes a state and local sales tax exemption for all sales and purchases of tangible personal property, building materials, equipment, fixtures, manufactured goods, machinery, and parts for the purposes of constructing all or any portion of a nuclear security enterprise, as such term is defined in the act, located in Kansas City.

This act shall expire on August 28, 2034.

This act is identical to HCS/HBs 2710 & 2681 (2024) and HB 2721 (2024).

JOSH NORBERG

Statutes affected:
Introduced (5414S.02): 144.054
Perfected (5414S.02): 144.054
Truly Agreed (5414S.02): 144.054

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Senate Committee Minutes:
SENATE COMMITTEE MINUTES Bill No.: SB 1388
Sponsor: Razer
Hearing Date: 3/5/2024


COMMITTEE: Commerce, Consumer Protection, Energy and the Environment

CHAIRMAN: Cierpiot

DATE REFERRED: 2/8/2024 DATE HEARING REQUESTED:



STAFF:
Jim Erttle
Michelle Pleus
Julia Sheveleva
Chris Sutherland
Hayden Torpey


WITNESSES GIVING INFORMATION:



WITNESSES FOR:
Kevin Breslin - Promontory 150 LLC
Terry Anderson - Promontory 150 LLC
Shannon Cooper - Kansas City Chamber
Sam Panettiere - City of Kansas City
Sam Panettiere - South Kansas City Chamber of Commerce
Jim Erickson - Economic Development Corporation EDC of Kansas City Missouri


WITNESSES AGAINST:
Michael Berg - Sierra Club Missouri Chapter
Arnie Dienoff - Citizen
Jeff Stack - Mid Missouri Fellowship of Reconciliation