SB 0380 | Exempts from sales and use tax tangible personal property purchased for use in research and experimentation activities |
Sponsor: | Scott | |||
LR Number: | S1691.01I | Fiscal Note: | 1691-01 | |
Committee: | Ways and Means | |||
Last Action: | 03/23/99 - Hearing Cancelled S Ways & Means Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1999 | |||
SB 380 - This act defines, for purposes of sales and use
tax, "research and experimentation activities" and then exempts
from tax the sale of tangible personal property for use or
consumption directly or predominantly in those activities.
RUSS HEMBREE