Retail Sales and Use Tax; exemptions include certain personal property purchased by contractor. (SB994)

Introduced By

Sen. Harry Blevins (R-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Sales and use tax exemption; commercial and industrial exemptions. Provides a sales and use tax exemption for personal property purchased by a contractor on or after July 1, 2007, and used solely in any construction project for a local school division. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2007Prefiled and ordered printed; offered 01/10/07 078920702
01/09/2007Referred to Committee on Finance
01/21/2007Impact statement from TAX (SB994)