20-HB1939/SB1884 – Hicks/Watson
Expands the current exemption from sales and use tax for tangible personal property held by a sole proprietorship that incorporates as a corporation, to the tangible personal property of a sole proprietorship that organizes as a limited liability company. -
We support but are not scoring; we credit the sponsors under leadership.
TLRC Observed Process
No action in either chamber but we would like to see it come back next session.