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HB 0405 - Level 1 Freeport Exemption - Remanufacture of Goods
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Tracking Level: Neutral
Sponsor: David Knight (R)
Last Action: 7/1/2019 - Effective Date
House Committee: Ways and Means
Senate Committee: Finance
Assigned To:
Larry RamseyNext Bill

Staff Analysis of the Legislation

This bill amends the Level 1 Freeport Exemption to include goods held for remanufacture and repair. The bill would also allow such goods to be held by the taxpayer's affiliates without losing the exemption.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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