Sales Tax Exemption for Manufacturing Equipment Advances
Legislation to fully exempt most California manufacturing and research-and-development equipment from sales tax was unanimously approved May 5 by the Assembly Revenue and Taxation Committee. AB 1951 (Grayson), co-sponsored by CalTax and the California Manufacturing and Technology Association, received support from Democrats (including Assembly Member Jacqui Irwin, the committee chair), Republicans, and Assembly Member Chad Mayes, the only state lawmaker who isn’t registered with any political party. Along with expanding the current partial exemption to be a full exemption from…