S96 GENERAL BILL by Fasano (Compare H 0077, 1ST ENG/H 0415, CS/S 0962)
Sales Tax on Research or Development; deletes exception to exemption
from tax for research or development costs; provides exemption for
machinery & equipment used predominantly for research & development
activities; defines term "machinery & equipment"; allows business
certified to receive exemption to designate one or more state
universities or community colleges as recipients of part or all of
amount of exemption under specified conditions, etc. Amends 212.052.
EFFECTIVE DATE: 07/01/2006.
08/31/05 SENATE Filed
10/26/05 SENATE Referred to Commerce and Consumer Services; Education;
Government Efficiency Appropriations; Ways and Means
12/06/05 SENATE Withdrawn from Commerce and Consumer Services; Education;
Government Efficiency Appropriations; Ways and Means;
Withdrawn prior to introduction,Link/Iden/Sim/Compare passed,
refer to HB 415 (Ch. 2006-57)