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CS/SB 734: Tax Exemptions

GENERAL BILL by Commerce and Tourism ; Gruters

Tax Exemptions; Exempting federal loans made in response to a state of emergency from the excise tax imposed on documents; providing exemptions from the sales and use tax for specified disaster preparedness supplies during a specified timeframe; requiring purchasers of certain items to furnish a specified affidavit and information to the selling dealer; providing a criminal penalty for furnishing a false affidavit with certain intent; authorizing the Department of Revenue to adopt emergency rules, etc. APPROPRIATION: $70,072

Effective Date: Except as otherwise expressly provided in this act, and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2021
Last Action: 2/18/2021 Senate - Now in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Finance and Tax (FT)
  3. Appropriations (AP)



Bill History

Date Chamber Action
1/22/2021 Senate • Filed
1/28/2021 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations
2/8/2021 Senate • On Committee agenda-- Commerce and Tourism, 02/15/21, 3:30 pm, 110 Senate Building
2/15/2021 Senate • CS by Commerce and Tourism; YEAS 11 NAYS 0
2/17/2021 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
2/18/2021 Senate • Now in Finance and Tax