Bill > S1391

This bill aims to provide sales tax relief to businesses impacted by emergencies by adding a new provision to existing law that exempts from sales tax the sale of office equipment, supplies, machinery, vehicles, or other equipment purchased by a business that has been substantially destroyed due to an emergency, defining "emergency" as unforeseen circumstances making current property unusable and creating an immediate need for replacement property to protect health or safety. Additionally, the bill includes a provision that modifies the payroll tax for six months after a natural disaster for businesses with fewer than fifty employees that are actively rebuilding.