Missouri Revised Statutes
Chapter 153 - Taxation of Bridge, Express and Public Utility Companies
Section 153.036 - Pipeline companies, distributable and local property, definitions.

Effective - 20 Jun 1986
153.036. Pipeline companies, distributable and local property, definitions. — 1. The term "distributable property" of a pipeline company shall include all the real and tangible personal property owned, used, leased, or otherwise controlled which is used directly for transportation of gaseous or liquid products, but not property used as a collateral facility nor property held for purposes other than those of a pipeline. Such distributable property includes, but is not limited to:
(1) Field lines, line pipe and fittings;
(2) Compressor station equipment and buildings;
(3) Pumping equipment and buildings;
(4) Measuring and regulating equipment and housing buildings;
(5) Communications equipment used for control of transportation of gas or liquid products;
(6) Land and rights-of-way associated with other distributable property.
2. The term "local property" of a pipeline company shall include all real and tangible personal property owned, used, leased or otherwise controlled by the pipeline company, not used directly in the transportation of gaseous or liquid products, and not defined in subsection 1 of this section as distributable property. Such local property includes, but is not limited to:
(1) Motor vehicles;
(2) Construction work in progress;
(3) Materials and supplies;
(4) Office furniture, office equipment, and office fixtures;
(5) Land held for future use;
(6) Communication equipment not used for control of the movement of gaseous or liquid products;
(7) Workshops, office buildings, warehouses, storage tanks, loading and unloading facilities;
(8) Land associated with other locally assessed property.
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(L. 1986 H.B. 1022, et al.)
Effective 6-20-86