HB669 EXPANDS DEFINITION OF "USE" BY EXCLUDING PROPERTY STORED IN THIS STATE FROM SALES TAX.
Sponsor: Gibbons, Michael R. (94) Effective Date:00/00/0000
CoSponsor: LR Number:1628-01
Last Action: COMMITTEE: WAYS AND MEANS
02/16/1999 - Public Hearing Held (H)
HB669
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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BILL SUMMARIES

INTRODUCED

HB 669 -- State and Local Use Tax

Sponsor:  Gibbons

Under current law, storage of tangible personal property is
exempt from state and local use tax.  This bill expands the
definition of storage to include property stored in the state
for subsequent use solely outside the state.


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Last Updated September 30, 1999 at 1:26 pm