Introduced by Representatives Pugh of S. Burlington and Barnard of Richmond
Subject: Taxation; sales tax; holiday for major building materials
Statement of purpose: This bill proposes to provide a sales tax holiday for major building materials.
AN ACT RELATING TO SALES TAX HOLIDAY FOR MAJOR BUILDING MATERIALS
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. SALES TAX HOLIDAY FOR MAJOR BUILDING MATERIALS
Notwithstanding the provisions of chapter 233 of Title 32, no sales or use tax shall be imposed or collected on sales from August 4 through August 6, 2006 of major building materials. The commissioner of taxes is authorized to create an exclusive list of major building materials, such as lumber, insulation, concrete, and similar materials, which shall qualify for tax exemption under this provision of law.
The Vermont General Assembly
115 State Street