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HB 0758 - Sales and use tax; sales of tangible personal property for the construction of a certain museum; provide exemption

Tracking Level: Watch
Sponsor: Paul Battles
Last Action: 1/31/2018 - House Second Readers
House Committee: Ways and Means

Staff Analysis of the Legislation

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SUMMARY: LC 34 5283

Would provide for a state and local sales tax exemption for sales of tangible property used for construction of an automobile history museum. The museum will be owned or operated by a nonprofit organization exempt from taxation under Section 501(c)(3). The exemption shall apply from July 1, 2018 until December 31, 2020. 

 

EFFECTIVE DATE:

July 1, 2018, if passed 


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