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2001 SESSION

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HB 2440 Sales tax exemption; equipment used to produce software.

Introduced by: Paul Clinton Harris, Sr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax; commercial and industrial exemptions. Exempts from sales and use tax the purchase of machinery, equipment and energy used directly to produce computer software for resale or licensing. Currently, such machinery, equipment, and energy are exempt only when used in the manufacture of tangible personal property for resale.


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