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AZ SB1041
Bill
Status
1/11/2016
Primary Sponsor
John Kavanagh
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AI Summary
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Creates tax exemption for vendors supplying goods or services to qualified destination management companies for taxable periods from January 1, 2002 through September 13, 2013, provided the vendor did not collect tax amounts from the destination management company.
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Remits and forgives any tax, interest, or penalties assessed to vendors before the bill's effective date for these transactions.
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Requires the Department of Revenue to release property liens, withdraw recorded notices of lien, and issue certificates of release of lien upon vendor request for liens filed to collect such amounts.
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Defines "qualified destination management company" by reference to existing Arizona Revised Statutes section 42-5039.
Legislative Description
Taxation; destination management companies' vendors
Last Action
Referred to Senate FIN Committee
1/12/2016