HOUSE BILL 864

File Code: Taxes - Sales and Use

Sponsored By:

Delegate Giannetti

Entitled:

Sales and Use Tax - Exemption - Isolated Sale of All Business Assets

Synopsis:

Exempting the isolated sale of all or substantially all the assets of any business from the sale and use tax.

History by Legislative Date

House Action

2/7

First Reading Ways and Means

2/20

Hearing 3/12 at 1:00 p.m.

3/14

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

EXEMPTIONS

SALES AND USE TAX

Bill affects the following Statute:

Tax - General

( 11-209 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered