SB484 HFIN AMT

                                                                                                                                                    McO

            The Committee on Finance moves to amend the title of the bill to read as follows:

Eng. Com. Sub. For S. B. 484 - “A BILL to amend and reenact §11-15-3, §11-15-8, §11-15-8a and §11-15-9 of the Code of West Virginia, 1931, as amended; to amend said code by adding thereto a new section, designated §11-15-3d; and to amend and reenact §11-15A-2 of said code, all relating to the taxes generally; reducing the general rate of consumers sales and service taxes and use taxation; imposing a reduced rate of taxation on sales, purchases and uses of food and food ingredients intended for human consumption and expiration date; imposing tax on sales of telecommunications services and ancillary services; eliminating exemption for sales of certain personal services; imposing tax on portion of consideration paid for contracting services; removing outdated language from the code regarding an obsolete exemption related to contracting services; eliminating exemption for sales of electronic data processing services and related software when purchased by an ultimate consumer; eliminating exemption for sales of membership or services provided by health and fitness organizations and related programs; eliminating exemption for sales of primary opinion research when purchased by an ultimate consumer; eliminating exemption for all sales of services, machinery, supplies and materials directly used or consumed in the business activities of transportation, other than for transportation of coal, or communication; eliminating exemption for sales of construction and maintenance materials acquired by a second party for use in the construction or maintenance of a highway project; and prohibiting future transfers of certain tax collections to the State Road Fund.”.

Adopted

Rejected