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HB 0238 - Sales and use tax; tangible personal property used for or in renovation or expansion of an aquarium owned or operated by an organization which is exempt from taxation under Section 501(c)(3) of Internal Revenue Code; provide exemption
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Tracking Level: Watch
Sponsor: Harbin, Ben 122nd
Last Action: 3/16/2016 - Senate Passed/Adopted By Substitute
State Code Titles: 48
House Committee: W&M
Senate Committee: FIN
Assigned To:
Clint MuellerNext Bill
Sales Tax-LocalNext Bill

Staff Analysis of the Legislation

The House version of this bill provided yet another sales tax exemption for the aquarium, this time from July 1, 2015 until January 1, 2017, for renovation or expansion of the facility. The current senate substitute (LC 34 4895S) deletes this sales tax exemption and replaces it with multiple, expansive changes to the state income tax code.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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