CONCERNING THE STATE SALES AND USE TAX TREATMENT OF EQUIPMENT USED FOR WASTE DIVERSION OR RECYCLING, AND, IN CONNECTION THEREWITH, ALIGNING THE SALES AND USE TAX TREATMENT OF EQUIPMENT USED FOR WASTE DIVERSION OR RECYCLING WITH THE SALES AND USE TAX TREATMENT OF MACHINERY AND MACHINE TOOLS USED IN MANUFACTURING TANGIBLE PERSONAL PROPERTY
05/05/2015 Senate Committee on Appropriations Postpone Indefinitely
Under current law, machinery and machine tools used in manufacturing tangible personal property are exempt from the state sales and use tax; however, equipment used for waste reduction or recycling purposes is not. For the calendar year 2015, the bill allows a taxpayer who operates a recycling or composting facility that submits a recycling or composting facility annual report to the department of public health and environment to apply for a refund of any state sales tax or use tax paid for waste reduction or recycling equipment. The bill specifies the types of equipment to which the refund applies and specifies procedures for applying to the department of revenue to receive the refund. For the calendar years 2016 and 2017, the refund is changed from a refund to a sales and use tax exemption.