SB 1072: Exemptions from the Tax on Sales, Use, and Other Transactions
GENERAL BILL by Latvala
Exemptions from the Tax on Sales, Use, and Other Transactions; Revising limitations, conditions, criteria, and definitions relating to exempting certain business purchases of industrial machinery and equipment from the sales tax; exempting from the sales tax industrial machinery and equipment purchased for exclusive use in certain spaceport activities or use in businesses that manufacture, process, compound, or produce for sale items of tangible personal property at fixed locations; deleting limitations and restrictions relating to an exemption for machinery and equipment used under a federal procurement contract, etc.
Effective Date: upon becoming a law
Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Budget (BC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/28/2011 | Senate |
• Filed |
| 1/10/2012 | Senate |
• Referred to Commerce and Tourism; Budget -SJ 87 • Introduced -SJ 87 |
| 3/9/2012 | Senate |
• Died in Commerce and Tourism |
