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ID H0347

Bill

Status

Passed

2/18/2016

Primary Sponsor

Revenue and Taxation Committee

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Exempts hand tools priced up to $100 from sales and use tax for radio and television broadcasting equipment used in production and broadcasting operations.

  • Exempts hand tools priced up to $100 from sales and use tax for newspaper production equipment when publications are distributed to the public in newspaper format and rely on advertising revenue.

  • Removes reference to hand tools from the irrigation equipment and supplies exemption in Section 63-3622W.

  • Exempts hand tools with a unit purchase price not exceeding $100 from sales and use tax for logging operations, including log loaders, log jammers, and log skidders.

Legislative Description

Amends existing law to exempt certain hand tools up to $100 from the sales and use tax and to remove reference to a definition.

SALES AND USE TAX

Last Action

Reported Signed by Governor on February 18, 2016 Session Law Chapter 9 Effective: 07/01/2016

2/18/2016

Full Bill Text

No bill text available