SB 96 (2006) -  Sales Tax on Research or Development

by Fasano
deletes exception to exemption from tax for research or development costs; provides exemption for machinery & equipment used predominantly for research & development activities; defines term "machinery & equipment"; allows business certified to receive exemption to designate one or more state universities or community colleges as recipients of part or all of amount of exemption under specified conditions, etc. Amends 212.052.
Effective Date: 07/01/2006
Last Event: 12/06/05 S Withdrawn prior to introduction,Link/Iden/Sim/Compare passed, refer to HB 415 (Ch. 2006-57) on Tuesday, December 6, 2005 2:24 PM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Withdrawn prior to introduction,Link/Iden/Sim/Compare passed, refer to HB 415 (Ch. 2006-57) Time: 12/06/2005 - 2:24 PM Member: Committee: Version: __
Event: S Withdrawn from Commerce and Consumer Services; Education; Government Efficiency Appropriations; Ways and Means Time: 12/06/2005 - 2:24 PM Member: Committee: Version: __
Event: S Referred to Commerce and Consumer Services; Education; Government Efficiency Appropriations; Ways and Means Time: 10/26/2005 - 5:00 PM Member: Committee: Version: __
Event: S Filed Time: 08/31/2005 - 8:01 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
0212.052 CS/SB 962