House Status:
Senate Status:
Senate Status:
Minutes for HB2261 - Committee on Taxation
Short Title
Providing a sales tax exemption for certain veterans service organizations.
Minutes Content for Tue, Mar 14, 2017
Scott Wells, Assistant Revisor noted HB2261 has been amended on Page 37 which adds a new paragraph amending the sales tax exemption. The sales tax exemption would apply to all personal property purchased by or on behalf of the veteran service organizations.
Kathleen Smith, Director, Department of Revenue stated on HB2261 the estimated amount would be $200,000 loss in state sales tax annually based upon this exemption. This would be $168,000 State General Fund and $32,000 in State Highway Fund. There is also a potential loss for local sales tax and the estimated amount is $66,000.
Proponents:
Michael Slusser, retired Colonel, U.S. Army testified as a proponent for HB2261. (Attachment 1)
Joseph Simpson, President, Student Veterans Association and Army veteran testified on behalf of Danny Skoda as a proponent for HB2261. (Attachment 2)
There being no other conferees, Chairperson Johnson closed the hearing on HB2261.
