Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the SB2347 topic
No spam. Unsubscribe anytime.
Panel recommends against exempting retail food and ingredients from state sales tax
Summary
The revenue subcommittee voted 4–1 to send Senate Bill 23-47 — which would exempt retail sales of food and food ingredients from state sales and use tax — to full finance with a negative recommendation, citing an $820 million fiscal note.
Senate Bill 23-47, introduced as the chair’s bill, would exempt the retail sale of food and food ingredients from the state sales and use tax. Vice Chair Senator Hale noted the bill carries a negative fiscal note of about $820,000,000.
After discussion, a motion for a negative recommendation was moved and the committee voted 4–1 in favor of the negative recommendation (ayes: Senator Hale, Senator Powers, Senator Wally, Chairman Hensley; no: Senator Yarbrough). The committee’s negative recommendation sends the bill to full finance with the committee’s opposition.
