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2001 SESSION
HB 2242 Sales and use tax on food purchased for human consumption.
Introduced by: Barnie K. Day | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sales and use tax on food purchased for human consumption. Effective July 1, 2001, exempts food purchased for human consumption, as defined in the Food Stamp Act of 1977, 7 U.S.C. § 2012, as amended, from state and local sales and use taxes. The bill provides for a General Fund reimbursement for the current (i) one-half percent of the state sales and use tax paid into the Transportation Trust Fund; (ii) one percent local sales and use tax; and (iii) one percent sales and use tax distributed to localities by school population.
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FULL TEXT
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 010523708
- 01/10/01 House: Referred to Committee on Finance
- 01/18/01 House: Assigned to Finance sub-committee: 2
- 01/31/01 House: Passed by indefinitely in Finance (15-Y 8-N)