H103 - 2022 Appropriations Act. (SL 2022-74)

Overview: Section 42.2 of S.L. 2022- 74 exempts from sales and use tax purchases by interstate air and ground couriers of certain equipment, including conveyor systems, and related parts and accessories, purchased for use at package sorting facilities. Minimum investment and employment thresholds must be met to be eligible for and to maintain the exemption.

This section became effective July 1, 2022, and applies to purchases made on or after that date.