HB 1291, Sales Tax Exemption for Sale or Lease of Computer Equipment

Municipal Impact
Position
Neutral
GMA Contact
Bill Sponsor

Rep. Vance Smith
District 133

This bill would extend the sales and use tax exemption on the sale or lease of computer equipment to a high-technology company to be incorporated into a facility. The bill would extend the sunset from June 30 2023 to December 31 2033. This bill would also raise the required amount of the sale or lease from $15 million in value to $18 million.  

Last Updated: 2/9/2022
Subject Area: Taxation
Resources: bill text
BILL STATUS
5/9/2022 - Effective Date 5/9/2022 - Act 842 5/9/2022 - Date Signed by Governor

Votes

4/4/2022 House Vote #894 Yea - 150 Nay - 16 Not Voting - 5 Excused - 9
4/1/2022 Senate Vote #803 Yea - 44 Nay - 8 Not Voting - 2 Excused - 2
4/1/2022 Senate Vote #776 Yea - 33 Nay - 19 Not Voting - 4 Excused - 0
3/15/2022 House Vote #705 Yea - 150 Nay - 17 Not Voting - 5 Excused - 8

Comment on this Bill

HB 1291 In The News