S99 - Appropriations Act of 2018. (SL 2018-5)

Overview: Sec. 38.5 of S.L. 2018-5 does the following:

• Provides an option for a retailer who pays sales and use tax on property or services, and subsequently resells them at retail, to recover the sales and use taxes the retailer originally paid.
• Extends the Sales Tax Base Expansion Protection Act for an additional year to better ensure retailers with sales tax obligations understand the applicable tax law changes.
• Clarifies the sales and use tax treatment of frequently questioned transactions.
• Streamlines, clarifies, and modernizes statutory language to comport with recent sales and use tax changes.
• Makes other miscellaneous and technical sales and use tax changes.

This section has various effective dates. Please see the full summary for more detail.