HB 1071 (2012) -  Exemptions from the Tax On Sales, Use, and Other Transactions

by Ray (CO-SPONSORS) Costello
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.
Effective Date: upon becoming a law
Last Event: Died in Business & Consumer Affairs Subcommittee on Friday, March 9, 2012 11:59 PM

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Staff Analysis

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Vote History

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Bill History

Event Time Member Committee Ver.
Event: H Died in Business & Consumer Affairs Subcommittee Time: 03/09/2012 - 11:59 PM Member: Committee: Business & Consumer Affairs Subcommittee Version: __
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: __
Event: H Now in Business & Consumer Affairs Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Business & Consumer Affairs Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 01/09/2012 - 12:01 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Finance & Tax Committee Time: 01/09/2012 - 12:01 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Referred to Business & Consumer Affairs Subcommittee Time: 01/09/2012 - 12:01 PM Member: Committee: Business & Consumer Affairs Subcommittee Version: __
Event: H Filed Time: 12/16/2011 - 3:33 PM Member: Ray Committee: Version: __