File Code: Taxes - Sales and Use
Crossfiled with: SENATE BILL 404
- Sponsored By:
-
Delegates Bonsack, Fry, Linton, Shriver, Howard, Ports, Muse, and
Finifter
- Entitled:
-
Sales and Use Tax - Property for Consumption in a Production Activity
Altering the definitions of "retail sale" and "use" under the sales
and use tax to remove a requirement that tangible personal property
that the buyer intends to consume directly and predominantly in a
production activity must be consumed within 1 year after its first use
in a production activity for the sale of that property to be exempt.
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:
- EXEMPTIONS
- INDUSTRIAL MATTERS
- PERSONAL PROPERTY
- SALES AND USE TAX
- Bill affects the following Statute:
- Tax - General
- (
11-101
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
