SENATE BILL 792

File Code: Taxes - Sales and Use Crossfiled with: HOUSE BILL 1137

Sponsored By:

Senators Ruben and Teitelbaum (Montgomery County Administration)

Entitled:

Sales and Use Tax - Exemption - Biotechnology and Internet Infrastructure

Synopsis:

Exempting from the sales and use tax the sale or use of specified communications equipment, specified supercomputing equipment, and specified materials used to construct, expand, or renovate specified biotechnology manufacturing facilities; allowing for the application of the sales and use tax to the sale of specified communications equipment to specified entities; requiring a certification prior to qualifying for the exemption; etc.

History by Legislative Date

Senate Action

2/12

First Reading Senate Rules

2/21

Re-referred Budget and Taxation

Hearing 3/21 at 1:30 p.m.

2/28

Hearing cancelled

Hearing 3/16 at 1:30 p.m.

3/22

Referred to interim study by Budget and Taxation

House Action

No Action

Sponsored by:

Senator Ida G. Ruben, District 20

Senator Leonard H. Teitelbaum, District 19

Bill indexed under the following Subjects:

COMPUTERS -see also- ELECTRONIC COMMERCE; ELECTRONIC GOVMNT.

EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT

EXEMPTIONS

INDUSTRY AND TECHNOLOGY

SALES AND USE TAX

TELECOMMUNICATIONS -see also- TELEPHONES

Bill affects the following Statutes:

Tax - General

( 11-210 , 11-217.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered