Senate Bill 2762 Summary

• Out-of-state businesses responding to declared state disasters or emergencies are exempt from state and local business registration, licensing, and tax requirements during the "disaster response period" (10 days before through 60 days after the disaster declaration, not to exceed 120 days).

• Out-of-state employees working on disaster relief are not required to establish residency or pay state income taxes, employer withholdings, or other state/local taxes on disaster-related income during the response period.

• Out-of-state businesses and employees remain subject to transaction taxes including sales/use taxes, fuel taxes, hotel taxes, and car rental taxes on goods and services consumed in the state.

• Equipment temporarily brought into the state for disaster response and removed before the response period ends is exempt from ad valorem taxation.

• Out-of-state businesses must provide information to the Department of Revenue upon request, including business name, domicile, tax identification number, and entry date; normal tax obligations resume if they remain in the state after the disaster response period ends.