H. B. 2058
(By Delegate Armstead)
[Introduced January 8, 2003; referred to the
Committee on Finance.]
A BILL to amend article fifteen, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, by
adding thereto a new section, designated section nine-h,
relating generally to consumers sales and service; and
creating a new exemption for purchases by consumers during one
weekend each quarter.
Be it enacted by the Legislature of West Virginia:
That article fifteen, chapter eleven of the code of West
Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto a new section, designated section nine-h,
to read as follows:
ARTICLE 15. CONSUMERS SALES AND SERVICE TAX.
§11-15-9h. Qualified unlimited exemption from sales tax (QUEST).
In an effort to spur economic growth and provide tax relief
for the citizens of this state, the sale of any item subject to the tax imposed by this article is exempted from the taxes imposed if
the sale of the item takes place during one weekend period each
quarter of each year beginning at 12:01 a.m. eastern daylight time
the first Saturday and ending at 12 midnight eastern daylight time
on the following Sunday in the months of February, May, August and
November.
NOTE: The purpose of this bill is to establish a Qualified
Unlimited Exemption from Sales Tax (QUEST) program by providing for
a sales tax holiday one weekend each quarter for all items sold
during the weekend which are subject to the sales tax.
This section is new; therefore, strike-throughs and
underscoring are omitted.