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2002 SESSION
SB 531 Sales and use tax; refunds used in shipbuilding.
Introduced by: Thomas K. Norment, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sales and use taxes; refunds. Provides refunds of sales and use taxes to an industrial development authority that has reimbursed its contractors for such taxes imposed on tangible personal property for use in the Advanced Shipbuilding and Carrier Integration Center. The industrial development authority may apply for the refund beginning on or after July 1, 2002. An application for refund shall be made within three years from the date of reimbursement.
FULL TEXT
HISTORY
- 01/09/02 Senate: Presented & ordered printed, prefiled 01/09/02 023020508
- 01/09/02 Senate: Referred to Committee on Finance
- 02/13/02 Senate: Left in Finance