SB 39 has been withdrawn from consideration. This bill would have made purchasers pay tax on boats at the Revenue Office rather than the dealership where purchased. This is good news as it does not put pressure on the revenue offices which are overcrowded as is.
SB 133 has had an amendment filed to the original bill. This bill would exempt cars that are sold for less than $ 10,000.00 from sales tax and is a companion bill to SB 134 which has a reduced rate of tax on automobiles sold for between $ 10,000.00 to $ 15,000.00.
SB 252 allows including the retreading of tires as manufacturing--this bill has been referred to committee.
SB 256 will create a sales tax exemption for machinery and equipment used R & D efforts related to manufacturing and agricultural processes.
We expect the process to pick up in the next few days as many bills have been languishing in limbo as there has not been any action on the sales and use tax bills.
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