Sales and use tax; exempt retail sale of electricity and natural gas for use by any residential property

Summary

The bill removes the state sales and use tax on electricity and natural gas sold to any residential property, starting Jan. 1 of the year after a specific tax code paragraph is repealed. It lowers utility costs for homeowners and renters while reducing state tax revenue.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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