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2004 SESSION
SB 682 Retail Sales and Use Tax; exemptions for certain public service corporations.
Introduced by: John C. Watkins | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sales tax exemptions; commercial and industrial exemptions. Repeals the sales and use tax exemption benefiting certain public service corporations and clarifies that the industrial manufacturing exemption does not apply to tangible personal property where the preponderance of its use is in distributing gas, electricity, power, any other source of energy or power, or water to customers.
FULL TEXT
HISTORY
- 01/23/04 Senate: Presented & ordered printed 043001148
- 01/23/04 Senate: Referred to Committee on Finance
- 02/17/04 Senate: Incorporated by Fin. (SB635-Chichester) by voice vote