Bill > S00522

This bill amends the tax law to provide an exemption for drugs and medicines intended for use in companion animals, such as pets, and farm animals. The exemption applies to drugs, medicines, medical equipment, and supplies used to cure, mitigate, treat, or prevent illnesses or diseases in these animals. The bill also allows cities to enact or repeal local laws to provide this exemption, and it outlines the effective dates and notice requirements for such local laws. Finally, the bill authorizes the Commissioner of Taxation and Finance to implement the provisions of the act.