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SF0021
Sales tax exemption-related business entities.
Year
2013
Status
Proposed
Sponsor
Bebout
Committee
Not Assigned
Introduced
—
Date not available
Last Action
S Committee Returned Bill Pursuant to SR 5-4
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Businesses that are 80% commonly owned would not pay sales tax when leasing equipment to each other, reducing state and local tax revenue starting July 2013.
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Individual Sponsor
This bill was sponsored by Bebout rather than by a committee. Individual legislators can introduce bills that are then assigned to committees for review during the legislative process.
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
S Committee Returned Bill Pursuant to SR 5-4