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2002 SESSION

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SB 529 Sales and use tax exemption for certain clothing and footwear.

Introduced by: William C. Mims | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Temporary sales and use tax exemption for certain clothing and footwear. Establishes a state sales and use tax exemption for a period beginning August 9, 2002, and ending August 16, 2002, for certain clothing and footwear costing less than $100 per article. The bill also requires the Department of Taxation to (i) promulgate regulations that implement the temporary exemption program by July 15, 2002, and (ii) assess the fiscal impact and present their findings to the Senate and House Finance Committees and the House Appropriations Committee, no later than December 1, 2002.


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