HB2026 Exempts all sales to companies classified as Standard Industrial Classification 152, 153 and 171 to 179 from sales and use tax.
Sponsor: Gross, Charles (18) Effective Date:00/00/0000
CoSponsor: LR Number: 3740L.02I
Last Action: 02/24/2000 - Referred: Ways and Means (H)
HB2026
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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Available Bill Summaries for HB2026 Copyright(c)
* Introduced

Available Bill Text for HB2026
* Introduced *

BILL SUMMARIES

INTRODUCED

HB 2026 -- Sales and Use Tax:  Exemption for Contractor Materials

Sponsor:  Gross

This bill exempts from state and local sales and use taxes the
sale of products to be used in the construction of any owner--
occupied principal residence to companies classified under the
Standard Industry Codes of 152, 153, and 171 to 179.  Code 152
is the classification of Residential General Building
Contractors; Code 153 is the classification for Operative
Builders; and Codes 171 to 179 are the classification for
Special Trade Contractors.


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Last Updated October 5, 2000 at 11:35 am