2002 Regular Session

HOUSE BILL 1120

CHAPTER NUMBER: 558 File Code: Taxes - Sales and Use
Sponsored By:
Delegate Rudolph
Entitled:
Sales and Use Tax - Effective Rate Agreements

Synopsis:

Authorizing the Comptroller to enter into effective rate agreements with vendors to allow a vendor to compute sales and use tax liability for purchases made by the vendor for a specified period using a predetermined agreed-upon effective rate; and authorizing the Comptroller to issue direct payment permits authorizing the direct payment of sales and use tax due on purchases by a vendor subject to an effective rate agreement.

History by Legislative Date

House Action
2/8
First Reading Ways and Means
2/13
Hearing 3/7 at 1:00 p.m.
3/14
Favorable with Amendments Report by Ways and Means
3/15
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/19
Third Reading Passed (141-0)
4/4
Returned Passed
5/16
Signed by the Governor Chapter 558
Senate Action
3/20
First Reading Budget and Taxation
3/22
Hearing 3/27 at 1:30 p.m.
4/5
Favorable Report by Budget and Taxation
4/3
Favorable Report Adopted
Second Reading Passed
4/4
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COMPTROLLER
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
RECORDS -see also- LAND RECORDS; VITAL RECORDS
SALES AND USE TAX
Bill affects the following Statute:
Tax - General
( 11-407 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 675461/1 (PDF)     Offered on: March 15, 2002   at: 11:40 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 19, 2002: Third Reading Passed (141-0)
Senate
April 4, 2002: Third Reading Passed (47-0)