Exempts from the state general excise tax the sales and gross proceeds from sales of construction rebuilding materials for residential and commercial properties in federally declared disaster areas. Applies only to rebuilding materials purchased between 7/1/2025 and 12/31/2028. Requires a third party to issue the certification for projects qualifying for the exemption for disaster construction rebuilding materials. Sunsets on 12/31/2028. Effective 1/1/2026. (SD1)
- Chamber
- Senate
- Introduced
- Jan 17, 2025
- Last action
- Jan 17, 2025 — Introduced.
- Session
- 2026
- Momentum
- 54 · Moderate