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2004 SESSION
SB 424 Contractors; classif. engaged in business of storing, maintain, or repair. vessels license tax pur.
Introduced by: Thomas K. Norment, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Local license tax; contractors engaged in the business of storing, maintaining, or repairing vessels. Provides that any contractor who is primarily engaged in the business of storing, maintaining, or repairing vessels for use on water may elect to be classified for local license taxation purposes as a manufacturer. Contractors making the election shall be deemed to be manufacturers for local license tax purposes. Currently, manufacturers are exempt from local license taxes and fees.
FULL TEXT
HISTORY
- 01/14/04 Senate: Presented & ordered printed, prefiled 01/14/04 047733832
- 01/14/04 Senate: Referred to Committee on Finance
- 02/03/04 Senate: Stricken at request of Patron in Finance by voice vote