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Senate committee approves bill to codify court-made rule preserving sales-tax exemptions
Summary
The Revenue & Tax Committee approved House Bill 1716, presented by Representative Frank Kavanaugh, to convert a line of case law into statute so that existing sales-tax exemptions remain in effect until the law is changed; committee members recorded no fiscal impact and the motion passed unanimously in committee.
The Senate Revenue & Tax Committee on an unspecified date approved House Bill 1716, a measure to codify court-made rules that preserve existing sales-tax exemptions for manufacturers and similar taxpayers until the Legislature changes the law. Representative Frank Kavanaugh, District 30, presented the bill.
"This is just a bill that I worked with…
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