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1999 SESSION
SB 774 Sales and use tax; transfer of manufacturer's tooling, etc.
Introduced by: William C. Wampler, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Sales and use tax; transfer of manufacturer’s tooling, etc. Provides that the transfer of title to property after its use as tools, tooling, machinery or equipment will not be considered a “retail sale” for sales tax purposes if (i) at the time of transfer, the purchaser is obligated under the terms of a written contract and (ii) the transfer is made for the same or a greater consideration to the person for whom the purchaser manufactures goods.
FULL TEXT
- 01/13/99 Senate: Presented & ordered printed 995220809 pdf
- 02/26/99 Senate: Bill text as passed Senate and House (SB774ER) pdf
- 03/25/99 Governor: Acts of Assembly Chapter text (CHAP0138) pdf
HISTORY
- 01/13/99 Senate: Presented & ordered printed 995220809
- 01/13/99 Senate: Referred to Committee on Finance
- 02/02/99 Senate: Reported from Finance (17-Y 0-N)
- 02/03/99 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/03/99 Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
- 02/04/99 Senate: Read second time and engrossed
- 02/04/99 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/04/99 Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
- 02/04/99 Senate: Passed Senate (40-Y 0-N)
- 02/04/99 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/04/99 Senate: Communicated to House
- 02/06/99 House: Placed on Calendar
- 02/07/99 House: Read first time
- 02/07/99 House: Referred to Committee on Finance
- 02/08/99 House: Assigned to Finance sub-committee: 2
- 02/16/99 House: Reported from Finance (24-Y 0-N)
- 02/17/99 House: Constitutional reading dispensed
- 02/17/99 House: Read third time
- 02/17/99 House: Passed House (Block Vote) (99-Y 0-N)
- 02/17/99 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/26/99 Senate: Bill text as passed Senate and House (SB774ER)
- 03/01/99 Senate: Enrolled
- 03/01/99 House: Signed by Speaker
- 03/03/99 Senate: Signed by President
- 03/17/99 Governor: Approved by Governor-Chapter 138 (effective 7/1/99)
- 03/25/99 Governor: Acts of Assembly Chapter text (CHAP0138)