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House approves short-term backfill for small towns hurt by mining sales-tax exemption
Summary
Senate Bill 76, intended to reimburse small cities and counties harmed by a 2008 mining equipment sales-tax exemption, was amended on the floor and passed after debate over redistribution mechanics and fairness; the bill includes a five-year sunset and passed the House with a final tally recorded as 66'yes, 1'no.
The House debated and passed Senate Bill 76 on March 11, a bill designed to quantify and partially reimburse local-option sales tax losses suffered by very small communities after a 2008 exemption for mining equipment.
Representative Watkins, the House sponsor, proposed Amendment No. 2 to exempt vendor-to-vendor sales in certain mining supply chains; the…
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