KMOX 1120AM

Local

Tax Break Supporters Cite EPA Emissions Proposal

View Comments
Photo: SAUL LOEB/AFP/Getty Images

Photo: SAUL LOEB/AFP/Getty Images

News

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

JEFFERSON CITY, Mo. (AP) Proposed federal standards for carbon dioxide emissions are helping fuel some Missouri lawmakers’ arguments for a state sales tax break on equipment for electricity transmission.

Supporters say the measure seeks to ensure equipment used in transmitting electricity is treated similarly to other manufacturing equipment that already is eligible for a tax break. They say it could also avoid possible litigation and reduce costs for consumers.

Backers also say it could offset some of the costs they anticipate will come because of newly proposed federal emissions standards.

Democratic Gov. Jay Nixon has criticized the sales tax exemption and other tax breaks passed by the Republican-led Legislature. Nixon estimates the electricity generation provision would reduce all state government and local government revenues each by $30 million annually.

© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 3,831 other followers