1 bill · 2024 Regular Session
Adds to existing law to provide a sales tax exemption for grain bin equipment.
This legislation clarifies that machinery, including augers, dryers, or fans used within, or attached to a grain bin, are exempt from sales taxes. Historically, sales taxes have been collected on grain bin structures; but accessories that can be removed and moved to other locations without affecting the structural integrity have not. This legislation simply codifies the historical understanding of sales tax laws.