IN SB0438

Legislative Description

State and local tax issues. Provides that the fiscal body of a municipality may adopt a resolution renewing an enterprise zone for an additional five years and that all enterprise zones expire and must be phased out by December 31, 2030. Provides that the cutting of steel bars into billets is to be treated as processing of tangible personal property for purposes of the sales tax exemption for certain manufacturing activities. Modifies the sales tax exemption for receiving recycling materials. Adds recycling carts to the sales tax exemption for some recycling equipment. Adds changes concerning the withholding of income taxes

Last Action

Committee Referrals