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1997 SESSION
HB 269 Sales tax exemption; property purchased by contractors.
Introduced by: Roger J. McClure | all patrons ... notes | add to my profiles
SUMMARY:
Sales and use tax on property purchased by contractors. Clarifies that the sales and use tax does not apply to tangible personal property acquired for resale under a contract for the provision of services to a governmental entity. Currently, such personal property is taxed as if it was consumed by the contractor, thereby subjecting the property to the sales and use tax.
FULL TEXT
HISTORY
- 01/10/96 House: Presented & ordered printed 963489346
- 01/10/96 House: Referred to Committee on Finance
- 01/16/96 House: Assigned to Finance sub-committee: 2
- 02/09/96 House: Continued to 1997 in Finance (22-Y 0-N)
- 12/20/96 House: No action taken by Finance by voice vote