HB 1170 Summary

• Creates a sales tax rebate for individuals whose primary residences were damaged or destroyed by 2011 flooding and who received federal disaster assistance through FEMA.

• Provides rebates on three categories of replacement purchases: major appliances (up to $3,200 per item), residential building supplies (up to $500 per item), and residential furniture (up to $3,200 per item).

• Limits total refunds to $2,500 per residence for all qualifying purchases made between June 10, 2011, and December 31, 2015.

• Requires claimants to file a single application with the tax commissioner by December 31, 2015, with proof of federal disaster assistance, eligible purchases, and taxes paid.

• Becomes effective July 1, 2015, and expires December 31, 2015; commissioner may assess civil penalties up to $25,000 for false or fraudulent applications.