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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
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Budget (BC)

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  • 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

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  • SB 1072, Original Filed Version (Current Bill Version) Posted 11/28/2011 at 1:36 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1071 Exemptions from the Tax On Sales, Use, and Other Transactions Ray Identical Last Action: 3/9/2012 H Died in Business and Consumer Affairs Subcommittee
    Location: In committee/council (BCAS)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    212.08 Sales, rental, use, consumption, distribution, and storage tax; specified exemptions. Page 1 (pdf)

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