Bill > S1559

This bill proposes to provide sales tax relief to businesses impacted by emergencies. Specifically, it amends existing law to exempt from sales tax the purchase of office equipment, supplies, machinery, vehicles, or other equipment for businesses that have been substantially destroyed due to an emergency, defining "emergency" as unforeseen circumstances that make current property unusable or unavailable, necessitating immediate replacement to protect health or safety. Additionally, the bill includes a provision for a six-month modification of the payroll tax for businesses with fewer than fifty employees that are rebuilding after a natural disaster.