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Committee approves tax exemption for small commercial seafood sellers, adds amendment
Summary
The House Ways and Means Education Committee gave House Bill 3 a favorable report as amended to exempt retail sales by licensed commercial seafood sellers of unprocessed catch; an amendment tightened statutory language and allowed local governments to adopt similar exemptions. Fiscal impact is undetermined.
Representative Brown introduced House Bill 3, saying the bill "provides tax exemptions for people that have a commercial seafood license that sell their own products," noting he intended it to align seafood sales with existing agricultural exemptions for small, direct sellers.
The Department of Revenue's Cameron Clark told the committee that sales to processors are treated as wholesale and are already exempt: "It's a wholesale transaction at that point," she said. Clark's clarification framed the bill as…
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