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Office of the Revisor of Statutes

SF 3084 Senate Long Description

Relating to taxation; reducing registration tax for passenger automobiles after the initial registration; eliminating the accelerated June payment liability of retailers for sales, liquor and tobacco taxes; eliminating the sales tax payment and refund requirements for sales of capital equipment; exempting from the sales tax milk and milk products, fruit juice and juice products, fresh and canned fruit, vegetables, granola and fruit filled breakfast bars, yogurt and pudding and cheese and cottage cheese sold from vending machines; expanding the sales tax exemption for sales to local government units; appropriating money to the highway user tax distribution fund for apportionment purposes, requiring the commissioner of finance to annually determine the difference between the amount of proceeds from the registration tax before the reduction in the fee and transfer the amount from the general fund to the highway user tax distribution fund (ra)