Bill Summary

by Raburn

Agriculture: Provides that participation in water retention program may be considered nonincome-producing use under certain circumstances; provides that certain uses of diesel fuel & farm equipment by qualified agricultural producers are exempt from sales & use tax; provides that certain items in agricultural use, certain nets, gas or electricity used for agricultural purposes, growth enhancers or performance enhancers for cattle, & feeds for poultry, ostriches, & livestock used by agricultural producer are exempt from sales & use tax; provides criteria for qualified agricultural producer; authorizes qualified agricultural producer to apply for agricultural sales & use tax exemption certificate from DOR; authorizes DOR to adopt rules, establish oversight board, direct staff, & charge fees; provides tools to determine eligibility of qualified agricultural producer. Effective Date: July 1, 2014

Committee references not assigned.