HB 1071: Exemptions from the Tax On Sales, Use, and Other Transactions
GENERAL BILL by Ray ; (CO-INTRODUCERS) Costello
Exemptions from the Tax On Sales, Use, and Other Transactions; Revises limitations, conditions, criteria, & definitions relating to exempting certain business purchases of industrial machinery & equipment from sales tax; exempts from sales tax industrial machinery purchased for exclusive use in spaceport activities or use in businesses that manufacture, process, compound, or produce for sale items of tangible personal property at fixed locations; deletes limitations & restrictions relating to exemption for machinery & equipment used under federal procurement contract.
Last Action: 3/9/2012 House - Died in Business and Consumer Affairs Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 12/16/2011 House • Filed
1/9/2012 House • Referred to Business and Consumer Affairs Subcommittee; Finance and Tax Committee; Economic Affairs Committee -HJ 104
1/10/2012 House • Introduced -HJ 104
3/9/2012 House • Died in Business and Consumer Affairs Subcommittee
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HB 1071, Original Filed Version (Current Bill Version) Posted 12/16/2011 at 3:33 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1072 Exemptions from the Tax on Sales, Use, and Other Transactions Latvala Identical Last Action: 3/9/2012 S Died in Commerce and Tourism
Location: In committee/council (CM)
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 212.08 Sales, rental, use, consumption, distribution, and storage tax; specified exemptions. Page 1 (pdf)