CA AB1719

Exempts from state sales and use taxes the purchase and use of tangible personal property by qualified new businesses used primarily in manufacturing, processing, refining, fabricating, recycling, research and development, or maintenance/repair activities through January 1, 2017

Defines "qualified person" as a new trade or business engaged in Standard Industrial Classification codes 2011-3999 that has not conducted business activities for three or more years, with specific rules for acquisitions of existing business assets

Exempts property includes machinery, equipment, computers, software, pollution control equipment, special purpose buildings, fuels, and recycling property, but excludes consumables, furniture, inventory, and administration/marketing equipment

Exemption does not apply to local sales and use taxes, transactions and use taxes, or specified state taxes including those levied under Sections 6051.2, 6051.5, 6201.2, 6201.5, and Article XIII Section 35

Purchaser must furnish retailer with exemption certificate; exemption is forfeited if property is removed from California or converted to non-exempt use within one year