Missouri Governor ? Michael L. Parson

Office of Communications

????????_____________________________________________________________________________________

FOR IMMEDIATE RELEASE

July 6, 2021

Governor Parson Signs Four Bills Into Law?

(JEFFERSON CITY, MO) ? Today, Governor Mike Parson signed four bills into law.?

SB 5 - Relating to Taxation:

Extends the sunset for the Advanced?Industrial Manufacturing (AIM)?zones program from August 28, 2023 to August 28, 2030.?

SB 44 - Relating?to Public Utilities:

Prohibits local governments from banning certain types and sources of energy, modifies provisions?relating to service territories of retail electric service providers, increases the competitive bidding process threshold from 10 to 20 percent of external expenditures?for certain water corporations, and provides an infrastructure?replacement?mechanism for certain water and sewer projects.

SB 258 - Relating to Military Affairs:

Creates the Missouri?Medal of Honor Recipients?Fund to receive donations to repair and replace memorial signs for Medal of Honor recipients, designates the Missouri National Guard armory?in Joplin?as the Sergeant Robert Wayne Crow Jr. Memorial Armory, designates four additional segments?of Missouri?highway as part of the Purple Heart Trail, and establishes?numerous?memorial highways?and bridges?across the state.?

HB 734 - Relating?to Public Utilities:?

Clarifies how wind farms will be assessed for property tax purposes, allows certain gas utility corporations to recover particular?costs when they invest in renewable natural gas programs, and creates a new financing mechanism for electric?corporations?to retire or abandon certain electric generation?facilities?and recover certain qualified?extraordinary costs.?

Photos will be available on Governor Parson's?Flickr page.

###

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Office of Governor Michael L. Parson ? PO Box 720?? Jefferson City, MO 65102 ? (573) 751-3222 GovDelivery logo