Retail Sales and Use Tax; custom structural metal fabrication in an economically distressed area. (SB89)
Introduced By
Sen. Louise Lucas (D-Portsmouth)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax exemption; custom structural metal fabrication in an economically distressed area. Provides a sales and use tax exemption for tangible personal property purchased by a contractor and used by the contractor in custom structural metal fabrication in an economically distressed area, pursuant to a real property contract to be performed outside of Virginia by the contractor. Amends § 58.1-609.3 (“Commercial and industrial exemptions.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
