SB 0380 Exempts from sales and use tax tangible personal property purchased for use in research and experimentation activities
Sponsor:Scott
LR Number:S1691.01I Fiscal Note:1691-01
Committee:Ways and Means
Last Action:03/23/99 - Hearing Cancelled S Ways & Means Committee Journal page:
Title:
Effective Date:August 28, 1999
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Current Bill Summary

SB 380 - This act defines, for purposes of sales and use tax, "research and experimentation activities" and then exempts from tax the sale of tangible personal property for use or consumption directly or predominantly in those activities.
RUSS HEMBREE