TO: | Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HB2810 by Miller, Sid (Relating to the exemption from limited sales, excise and use taxation of tangible personal property incorporated into or attached to certain specific purpose agricultural structures.), As Introduced |
This bill would amend Section 151.316(a) of the Tax Code relating to exemptions of agricultural items from sales and use taxes.
The bill would add a new Subdivision (13) to exempt from sales and use tax tangible personal property incorporated into or attached to a commercial dairy free stall barn, a commercial dairy structure used solely for maternity purposes, or a commodity structure used as batch plants to measure, mix and process finished feed for dairy cows.
The proposed change to the tax code is consistent with current administrative practice, and therefore would have no significant fiscal implications.
This bill would take effect September 1, 2011.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, KK, SD
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