SB 202 creates a new sales tax exemption for free items that retailers give to customers as part of their regular business operations. Under this change, retailers won't have to pay state use tax on the fair market value of goods they purchase for resale and then give away to customers at no charge, such as promotional items or gifts included with a purchase.
This bill does not directly amend codified state law.
Senate Do Pass Amended Failed, YEAS 5, NAYS 29. S.J. 304
Senate Motion to amend S.J. 303
Taxation Do Pass Amended Passed, YEAS 5, NAYS 1. S.J. 10
Taxation Do Pass Amended Failed, YEAS 3, NAYS 1. S.J. 9
Taxation Motion to amend S.J. 9
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 162
Al Novstrup
Prime sponsor · Sen.
R
Do Pass Amended
Taxation — Do Pass Amended
Taxation — Do Pass Amended