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HB 1073: Sales Tax Exemption

GENERAL BILL by Fuller ; (CO-INTRODUCERS) Wallace ; Bense ; Edwards ; Stansel

Sales Tax Exemption; (THIS BILL COMBINED IN CS/H587,1073) revises time period during which industrial machinery & equipment must be purchased & delivered to qualify for exemption for use in new business; removes restriction on application of exemption for said machinery & equipment used in expanding business; provides exemption for machinery, materials, equipment, & tangible personal property purchased for use in research & development, etc. Amends 212.08,.0805.

Effective Date: 07/01/2000
 Last Action: 4/26/2000 House - CS combines this bill with 587; Comm. Action: CS by Finance & Taxation (FRC); YEAS 11 NAYS 0 -HJ 00835; Original bill laid on Table, refer to combined CS/HB 587 (Died on House Calendar)
Bill Text: Web Page | PDF


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Bill History

Date Chamber Action
2/11/2000 House • Prefiled
2/24/2000 House • Referred to Business Development & International Trade (EDC); Finance & Taxation (FRC); General Government Appropriations (FRC)
3/7/2000 House • Introduced, referred to Business Development & International Trade (EDC); Finance & Taxation (FRC); General Government Appropriations (FRC) -HJ 00074
3/17/2000 House • On Committee agenda-- Business Development & International Trade (EDC), 03/21/00, 1:00 pm, Morris Hall
3/21/2000 House • Comm. Action: Favorable by Business Development & International Trade (EDC); YEAS 9 NAYS 0 -HJ 00338
3/22/2000 House • Now in Finance & Taxation (FRC) -HJ 00338
4/25/2000 House • On Committee agenda-- Finance & Taxation (FRC), 04/26/00, 8:00 am, Morris Hall
4/26/2000 House • CS combines this bill with 587; Comm. Action: CS by Finance & Taxation (FRC); YEAS 11 NAYS 0 -HJ 00835; Original bill laid on Table, refer to combined CS/HB 587 (Died on House Calendar)