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Panel considers and rejects manufacturer parts exemption bill
Senate Revenue & Tax Committee · March 13, 2019
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Summary
Committee debated a bill to expand exemptions for molds and dies (manufacturing replacement/repair parts). DFA warned of fiscal impact; members discussed drafting clarity and potential scope creep; motion to pass failed.
A Senate proposal to expand sales tax exemptions for replacement molds and dies used in manufacturing was presented and debated by the Revenue & Tax Committee but was not advanced.
A senator sponsor described the bill as a measure to help manufacturers retain operations by exempting replacement parts…
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