S. 131 - Job Creation and Competitiveness Act

Summary:

Removes tax exempt status of “books, magazines, periodicals, newspapers, and access to on-line information systems sold to publicly supported state, county, or regional libraries”. 

Fiscal Impact: County Libraries would have to allocate a significant portion of their materials budget to pay sales tax that otherwise would have been used to purchase books (physical or digital).      

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Status:

In Senate Finance Committee