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AB 810 (Caballero): Sales and use tax exemption: manufacturing equipment: research and development

Author: Anna Caballero (D - Salinas)
CHI Position: NEUTRAL

Summary: This bill would exempt from a specified portion of a tax on retailers the gross receipts from the sale of, and the storage, use, or other consumption of, sustainable development equipment investments of tangible personal property purchased for use by a qualified person to be used in manufacturing or other processes and tangible personal property purchased by a qualified person and used primarily during the research and development process for qualified research.


Current Bill Text, Status, and Location