action postponed indefinitely
Summary
The proposal creates a new gross receipts tax deduction for the sale of qualifying medical equipment and non‑prescription medication to individual health‑care practitioners or their business entities, provided the items are used in patient care. The amount of deductions claimed each month will be used to calculate a “hold harmless” payment to the municipality and county where the sale occurred, based on local gross receipts tax rates. The bill aims to lower tax burdens for providers while protecting local government revenue.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when SB 133 changes status, plus AI-powered summaries and stage predictions.
Sign up free