CS/SB 518: Economic Business Incentives
GENERAL BILL by Commerce and Tourism ; Hukill
Economic Business Incentives; Revising the sales tax exemption for certain business purchases of industrial machinery and equipment; deleting certain limitations on, and procedural requirements relating to, the exemption; deleting the sales tax exemption for machinery and equipment used for certain federal procurement contracts; deleting the limitation on the maximum amount of tax refunds a business may receive under the qualified defense contractor and space flight business tax refund program and the maximum amount of tax refunds a business may receive under the tax refund program for qualified target industry businesses, etc.
Effective Date: Except as otherwise expressly provided in this act, and except for this section which shall take effect upon becoming law, this act shall take effect January 1, 2014
Last Action: 5/3/2013 Senate - Died on Calendar, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42)
Bill Text: Web Page | PDF
Last Action: 5/3/2013 Senate - Died on Calendar, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42)
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/29/2013 | Senate |
• Filed |
| 2/6/2013 | Senate |
• Referred to Commerce and Tourism; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 39 |
| 3/5/2013 | Senate |
• Introduced -SJ 39 |
| 3/27/2013 | Senate |
• On Committee agenda-- Commerce and Tourism, 04/01/13, 12:30 pm, 110 Senate Office Building |
| 4/1/2013 | Senate |
• CS by Commerce and Tourism; YEAS 11 NAYS 0 -SJ 278 |
| 4/2/2013 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Now in Appropriations Subcommittee on Finance and Tax -SJ 278 |
| 4/3/2013 | Senate |
• CS by Commerce and Tourism read 1st time -SJ 282 |
| 4/30/2013 | Senate |
• Withdrawn from Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 881 • Placed on Calendar, on 2nd reading |
| 5/3/2013 | Senate |
• Died on Calendar, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42) |
