Elaine Alquist
- Democratic
Author
The Sales and Use Tax Law imposes a tax on retailers measured by the gross receipts from the sale of tangible personal property sold at retail in this state, or on the storage, use, or other consumption in this state of tangible personal property purchased from a retailer for storage, use, or other consumption in this state, and provides various exemptions from the taxes imposed by that law. On and after January 1, 2012, this bill would exempt from a specified portion of those taxes, the gross receipts from the sale of, and the storage, use, or other consumption of, specified tangible personal property including property purchased for use by a qualified person, as defined, in manufacturing, processing, or fabricating of property, or use in research and development activities, or specified fabrication or research and development clean rooms and equipment. This bill would specify that this exemption does not apply to local sales and use taxes or transactions and use taxes. This bill would take effect immediately as a tax levy.
No votes to display
Returned to Secretary of Senate pursuant to Joint Rule 56.
Hearing postponed by committee.
Set for hearing May 11.
Hearing postponed by committee.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.
Set for hearing March 23.
Read first time.
From printer. May be acted upon on or after January 13.
Introduced. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB47 | HTML |
| 12/13/10 - Introduced | |
| 03/07/11 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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