Increases the maximum debt for the State Agricultural Society and exempts certain construction materials sales from tax.
This bill increases the maximum amount of outstanding debt allowed for the State Agricultural Society from $30 million to $50 million. It also provides a sales tax exemption for certain construction materials. The exemption applies to admissions to and parking at the State Fairgrounds, and admissions to separately ticketed events run by the State Agricultural Society. The tax exemption is effective for sales and purchases made after June 30, 2025.
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