Retail Sales and Use Tax; lowers job threshold to receive exemption for certain computer equipment. (HB1298)

Introduced By

Del. Anne Crockett-Stark (R-Wytheville)

Progress

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

Description

Sales and use tax exemption; certain computer equipment used in large data centers.  Lowers the new job threshold to receive the sales and use tax exemption from 50 new employees to 25 for a data center located in either a locality with an unemployment rate at least 0.5 percent higher than the state average or located in an enterprise zone.   View Full Text »

Outcome

Bill Has Passed
View Bill's History