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HR 0740 - House Study Committee on Sales and Use Tax Exemptions; create

Tracking Level: New Bill
Sponsor: Sims,Chuck 169th
Last Action: 3/30/2009 - House Second Readers
House Committee: W&M
Assigned To:
Finance - TaxationNext Bill

Staff Analysis of the Legislation

SUMMARY:

            This resolution calls for a House study committee to consider the more than 100 exemptions to sales tax as to their fairness/special treatment, the overall effect on the state’s revenue stream, whether any should be reduced or eliminated and which ones.  Members of the study committee would be Speaker Pro-Tem, chair and vice-chair of Ways and Means and 3 representatives appointed by the Speaker, who also would name the chairperson.


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