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Rep. Steiner seeks repeal of bioscience sales‑tax exemption, citing lack of measurable job data
Summary
Representative Vicki Steiner introduced a bill to repeal the bioscience sales‑tax exemption enacted last session, arguing required reporting was not produced and the committee lacks evidence the incentive generated promised jobs.
Representative Vicki Steiner asked the House Finance and Taxation Committee to consider repealing the bioscience sales‑tax exemption enacted last session, saying required reporting and job‑creation data were not available during interim review. "We were sold this tax break on the premise that a hundred companies would be drawn to this tax break," Steiner told the committee. "When the…
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