House Overrides Governor’s Veto to Finally Reinstate Sales Tax Exemption
July 6, 2017 – After a hard fought legislative session, the Graphic Arts sales tax exemption has finally been restored! The credit is now PERMANENT and exempt from automatic sunset laws. Due to our efforts in Springfield the Graphic Arts sales tax exemption became part of the Manufacturing Machinery & Equipment exemption effective July 1, 2017. This is a HUGE win for all GLGA members.
The law now allows a permanent sales tax exemption for graphic arts and printing equipment, which at a MINIMUM is equal to $6,254 for every $100,000 spent on covered equipment.