Eliminates the retail classification exemption for the prime contracting but includes an exemption for tangible personal property sold to a person engaging in business under the new manufactured building dealer classification if the materials are incorporated into a manufactured building. Provides that the sale of tangible personal property to a contractor is taxable under the retail classification of the transaction privilege tax at the point of sale unless the contractor provides a certificate that states the personal property purchased qualifies for an exemption allowed under current law. Eliminates the transaction privilege tax exemptions from the prime contracting classification for qualified construction within a military reuse zone, for lake facility districts, for manufacturers of aviation or aerospace products and for contacts relating to qualified environmental technology facilities. Repeals the owner-builder sales classification of the transaction privilege tax. Provides that the manufactured building dealer classification is comprised of the business of selling manufactured buildings.
Manufactured buildings means a manufactured home, mobile home or factory built building.
Makes technical and conforming changes including conforming changes to the state use tax provisions and county excise taxes. Contains an effective date of January 1, 2001. Amendments Adopted by Finance Committee 1. Makes a conforming change. Arizona Constitution Click here to return to the A.L.I.S. Home Page.