Regulatory Analysis
6/7/2023 Indiana has amended the sales threshold for sales by a nonprofit in Senate Enrolled Act (SEA) 417 (2023). Previously, Indiana exempted tangible personal property sales not exceeding a threshold of $20,000 in a calendar year when used to further the qualified nonprofit purposes of an organization. The $20,000 per year threshold has been increased […]
6/6/2023 Colorado HB 1285, signed by the Governor on June 1, 2023, amends the statewide carry out bag fee. Previously, the law required a retailer to remit a portion of the fee to the local government in which the store is located on a quarterly basis starting April 1, 2024. The amended legislation allows greater […]
5/30/2023 The Colorado Department of Revenue published local sales and use tax changes effective July 1, 2023. These updates include the adoption of certain state-option exemptions in state-administered jurisdictions and a rate increase in Grand Junction. Further information may be found here.
Effective June 1, 2023, the city of Norwich will end its exemption on clothing sold for under $110. The exemption from New York state sales tax, as well as from Chenango County’ sales tax, will however remain in effect. As a result, clothing sales under $110 will be subject to tax at a rate of […]
5/25/2023 Florida Governor Ron DeSantis recently signed Florida HB 7063. As part of this legislation, Florida has approved the following sales tax holidays: Disaster Preparedness sales tax holidays will take place May 27 – June 9, 2023, and August 26 – September 8, 2023. The Freedom Summer sales tax holiday will place May 29 – September […]
Virginia HB 1677, effective July 1, 2023, amends VA Code § 58.1-609.5 to provide that separately stated labor charges for diagnostic work or emergency roadside service to motor vehicles are exempt from sales tax. The relevant legislation may be found here.
5/8/2023 Under Virginia’s 2022 Appropriation Act, the state’s sales tax holiday expires on July 1, 2023. Previously, the sales tax holiday occurred in August and covered items such as hurricane preparedness products, back-to-school items, and Energy Star and Water Sense products. Further information concerning the expiring holiday may be found here.
5/8/2023 Section 6 of Colorado SB 143, effective May 4, 2023, amended the Colorado Retail Delivery Fee so that a “qualified business”, a business with $500,000 or less retail sales in the prior year, may be exempt from the fee. Additionally, the legislation permits a retailer to pay the retail delivery fee on behalf of […]
Date Posted: 4/28/2023 Michigan recently enacted Public Acts 20 and 21 of 2023 which exempt separately stated delivery and installation charges. The effective date of this change is April 26, 2023. Previously, such charges were taxable as part of the sales price. The full text of the bill can be found here.
5/2/2023 Effective April 28, 2023, Colorado HB 1101 authorizes a Regional Transportation Authority (RTA) to impose a maximum tax rate of 2%. This is an increase in the previous maximum rate by 1%. RTA locations may subject transactions within its locality to sales or use tax, if such transactions are subject to taxation at the […]
4/28/2023 Michigan’s HB 4833, which recently took effect, applies a 2% tax on qualified heavy equipment by qualified renters. This new tax only applies to rentals of certain qualified heavy equipment by renters that derive more than 50% of their annual gross receipts from such rentals. The full text of the bill can be found […]
4/27/2023 Effective July 1, 2023, Grand Junction Measure 1A increases the local sales and use tax rate to 3.39% from 3.25% . The measure is intended to generate revenue for a community recreation center. Further information concerning the local legislation may be found here.
4/20/2023 Effective July 1, 2023, North Dakota HB 1177 exempts the sales of children’s diapers from the state’s gross receipts tax. Children’s diapers is defined under 57-39.2-04(d)(2)(b) as diapers marketed to be worn by children. Further information concerning the legislation may be found here.
4/20/2023 Effective August 7, 2023, Colorado HB 1062 expands metropolitan district authority to include support of park and recreational facilities. Metropolitan districts are able to levy a uniform sales tax to fund certain services such as fire or safety protection and street improvements within the district area. Further information concerning the legislation may be found […]
4/17/2023 Kentucky recently enacted House Bill 360 to amend and clarify 2021 legislation which extended sales tax to numerous services. Among the several changes, the following were also included: Repealing the tax on marketing services Clarifying extended warranty services include extended warranties on prewritten computer software access services Cosmetic surgery services do not include surgery […]
4/6/2023 Effective May 1, 2023, Aspen, Colorado has adopted Ordinance 66 to replicate carryout bag fee requirements allowed under Colorado House Bill 1162. The Ordinance amends Aspen’s bag fee to now apply a $0.20 fee to both single-use plastic and paper carryout bags provided at checkout. Further information concerning the Ordinance may be found here.
3/31/2023 Effective May 1, 2023, Ohio HB66 revises Ohio Rev. Code §§ 4517.261 and 4781.24 to remove documentation service charges from the definition of sales price when associated with the sale of a motor vehicle. Therefore, as of May 2023, documentation service charges are exempt from sales and use tax when associated with the sale […]
South Dakota HB 1137, signed by the governor and effective July 1, 2023, reduces the gross receipts tax in the state from 4.5% to 4.2% for a period of four years. In addition, the excise tax on agriculture machinery and equipment, the gross receipts tax on vehicle rentals, and select other taxes are reduced. Further […]