File Code: Taxes - Sales and Use
Crossfiled with: SENATE BILL 190
- Sponsored By:
-
Delegates Bonsack, Fry, Howard, Finifter, Linton, Muse, Shriver, and
Ports
- Entitled:
-
Sales and Use Tax - Machinery or Equipment Used in Production Activity
- Capitalization Requirement
Altering an exemption under the sales and use tax for machinery and
equipment used in a production activity to eliminate a requirement
that the machinery or equipment be capitalized to claim depreciation.
House Action
- 2/2
- First Reading Ways and Means
- 2/21
- Hearing 3/6 at 1:00 p.m.
- 3/18
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Rose Mary Hatem Bonsack, District 34
- Delegate Michael J. Finifter, District 11
- Delegate Donald C. Fry, District 35A
- Delegate Carolyn J. B. Howard, District 24
- Delegate Samuel C. Linton, District 28
- Delegate C. Anthony Muse, District 26
- Delegate James F. Ports, Jr., District 8
- Delegate Mark K. Shriver, District 15
- Bill indexed under the following Subjects:
- EQUIPMENT -see also- MOTOR VEHICLES - EQUIPMENT
- EXEMPTIONS
- INDUSTRIAL MATTERS
- SALES AND USE TAX
- Bill affects the following Statute:
- Tax - General
- (
11-210
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
