1997 Regular Session

HOUSE BILL 1102

File Code: Sales and Use Crossfiled with: SENATE BILL 342
Sponsored By:
Delegates Klausmeier, Bonsack, Fry, Redmer, DeCarlo, Ports, M. Burns, and Preis
Entitled:
Sales and Use Tax - Property Used in a Production Activity

Synopsis:

Providing a credit against the sales and use tax a person is required to pay to the Comptroller for a percentage of the sales and use tax paid on the purchase of tangible personal property used in a manufacturing process; altering the definitions of "production activity" and "retail sale" under the sales and use tax and broadening an exemption under the sales and use tax for specified property used in a production activity; etc.

Legislative History

House Action
2/6
First Reading Ways and Means
2/19
Hearing 3/4 at 1:00 p.m.
4/7
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate Katherine Klausmeier, District 8
Delegate Rose Mary Hatem Bonsack, District 34
Delegate Michael W. Burns, District 32
Delegate Diane DeCarlo, District 6
Delegate Donald C. Fry, District 35A
Delegate James F. Ports, Jr., District 8
Delegate Mary Louise Preis, District 34
Delegate Alfred W. Redmer, Jr., District 8
Bill indexed under the following Subjects:
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
EXEMPTIONS
INDUSTRY AND TECHNOLOGY
SALES AND USE TAX
SUNSET
TAX CREDITS
Bill affects the following Statutes:
Tax - General
( 11-101 , 11-107 , 11-210 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)