The bill amends the Code of West Virginia, specifically section 11-15-9, to introduce a new exemption from the Consumer Sales and Service Tax for the processing of beef, pork, goat, or lamb by slaughterhouses. This exemption is designed to alleviate the tax burden on local agricultural producers and processors, thereby encouraging the in-state processing of these meats. The bill outlines the conditions under which this exemption applies, ensuring clarity within the existing tax exemption framework. Additionally, it specifies that individuals claiming the exemption must first pay the tax to the vendor and then seek a refund or credit from the Tax Commissioner.

Furthermore, the bill removes the previous exemption related to the sale of aircraft registered outside the state, which was contingent upon the aircraft being removed from the state within 60 days of purchase. The effective date for these amendments is set for July 1, 2018, with certain provisions taking effect upon the passage of the act. Overall, the bill aims to support local agriculture and meat processing industries, potentially lowering costs for consumers and promoting local food systems in West Virginia.

Statutes affected:
Introduced Version: 11-15-9
Committee Substitute: 11-15-9