Section 18200.712 - Local sales and use tax(a)Exemption.--A qualified political subdivision shall exempt the sale at retail of services or tangible personal property, other than motor vehicles, to a qualified business for the exclusive use, consumption and utilization of the tangible personal property or service by the qualified business at its facility located within an economic development district from a city or county tax on purchase price authorized under the act of June 5, 1991 (P.L. 9, No. 6), known as the Pennsylvania Intergovernmental Cooperation Authority Act for Cities of the First Class. No exemption may be granted for sales occurring on the real property prior to designation of the real property as an economic development district.(b)Construction contracts.--For a construction contract performed in an economic development district, the exemption provided in subsection (a) shall only apply to the sale at retail of building machinery and equipment to a qualified business, or to a construction contractor pursuant to a construction contract with a qualified business, for the exclusive use, consumption and utilization by the qualified business at its facility located within the economic development district.(c)Definitions.--As used in this section, the following words and phrases shall have the meanings given to them in this subsection: "Building machinery and equipment." Includes distribution equipment purchased for the exclusive use, consumption and utilization within an economic development district facility.
"Sale at retail." As defined in section 201(k) of the act of March 4, 1971 (P.L. 6, No. 2), known as the Tax Reform Code of 1971.
"Tangible personal property." As defined in section 201(m) of the act of March 4, 1971 (P.L. 6, No. 2), known as the Tax Reform Code of 1971.
2004, Dec. 1, P.L. 1750, No. 226, § 712, imd. effective.