Download this document in MS Word format


AutoFill Template

S.100

Introduced by   Senator Doyle of Washington District

Referred to Committee on

Date:

Subject:  Taxation; sales tax; textbook exemption

Statement of purpose:  This bill proposes to restore the sales tax exemption for textbooks sold at a college bookstore.

AN ACT RELATING TO SALES TAX EXEMPTION FOR COLLEGE TEXTBOOKS

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  32 V.S.A. § 9741(48) is added to read:

§ 9741.  SALES NOT COVERED

Retail sales and use of the following shall be exempt from the tax on retail sales imposed under section 9771 of this title and the use tax imposed under section 9773 of this title.

* * *

(48)  Sales of textbooks by a bookstore on a college campus.

Sec. 2.  EFFECTIVE DATE

Sec. 1 of this act (sales tax exemption for textbooks from a college bookstore) shall apply to sales on or after January 1, 2005.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us