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IN HB1214
Bill
Status
Introduced
1/10/2013
Primary Sponsor
Mark Messmer
Click for details
AI Summary
- Creates a state sales and use tax exemption for enterprise information technology equipment purchased by eligible businesses in designated high technology district areas
- Applies to equipment purchased after June 30, 2013, including additions and replacements to qualifying property
- Requires a designating body to have established a high technology district area and entered into an agreement with the eligible business
- Equipment must be installed and used within the high technology district area to qualify for the exemption
- Effective date of July 1, 2013
Legislative Description
Sales and use tax exemption.
Last Action
Referred to Committee on Ways and Means pursuant to House Rule 127
1/31/2013
Committee Referrals
Ways and Means1/31/2013
Commerce, Small Business and Economic Development1/10/2013
Full Bill Text
No bill text available