Tax on Commercial Leases (Oppose – Mandate)

Tax on Commercial Leases (Oppose – Mandate)

HB 409 (Ahern) and SB 902 (Perry) exempt a portion of the rent or license fee that is subject to sales tax on commercial real property. Beginning January 1, 2019, the exemption would have been $10,000 and would have increased annually until the sales tax on commercial leases was repealed on January 1, 2028. (Hughes)