1997 Regular Session

SENATE BILL 342

File Code: Sales and Use Prior Year Introduction As: SB 190/96 - B&T Crossfiled with: HOUSE BILL 1102
Sponsored By:
Senators Amoss, Hoffman, Lawlah, McFadden, Middleton, Boozer, Munson, Hogan, Van Hollen, Currie, Kasemeyer, and Ruben
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

Senate Action
1/27
First Reading Budget and Taxation
1/29
Hearing 2/12 at 1:00 p.m.
1/30
Hearing cancelled
Hearing 2/12 at 1:30 p.m.
House Action
No Action
Sponsored by:
Senator William H. Amoss, District 35
Senator F. Vernon Boozer, District 9
Senator Ulysses Currie, District 25
Senator Barbara A. Hoffman, District 42
Senator Patrick J. Hogan, District 39
Senator Edward J. Kasemeyer, District 12
Senator Gloria Gary Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Senator Thomas McLain Middleton, District 28
Senator Donald F. Munson, District 2
Senator Ida G. Ruben, District 20
Senator Christopher Van Hollen, Jr., District 18
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)