Concerning nonsubstantive modifications to sales and use tax exemptions, and, in connection therewith, reorganizing sales and use tax exemptions for agriculture, livestock, and special fuels.
2021 Regular Session
Fiscal Policy & Taxes
Statutory Revision Committee. The bill removes an unused definition of "agricultural compounds" and a redundant reference to a sales and use tax exemption for poultry and livestock. The bill also reorganizes special fuel and farm equipment sales and use tax exemptions so that they are in the same location. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)