HB19-1329
Wholesale Sales Agricultural Fertilizer Tax Exempt
Concerning the sales and use tax treatment of certain wholesale sales related to the production of agricultural products.
Session:
2019 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
Sales and use tax - wholesale sales - agricultural commodities - fertilizer and spray adjuvants. Wholesale sales are not subject to sales and use taxes. The act includes sales of fertilizer and spray adjuvants used in the production of agricultural commodities in the definition of "wholesale sales" for sales and use tax purposes.
(Note: This summary applies to this bill as enacted.)