§23-80  Review for 2027 and every tenth year thereafter.  (a)  The exemptions or exclusions under the general excise and use taxes listed in subsection (c) shall be reviewed in 2027 and every tenth year thereafter.

     (b)  The auditor shall submit the findings and recommendations of the reviews to the legislature and governor no later than twenty days prior to the convening of the immediately following regular session.

     (c)  This section shall apply to the following:

     (1)  Section 237-29.5--Value or gross proceeds from tangible personal property shipped out of State;

     (2)  Section 237-29.53--Value or gross income from contracting or services performed for use outside the State;

     (3)  Section 238-1, paragraph (9) of the definition of "use"--The value of services or contracting imported for resale, consumption, or use outside the State; and

     (4)  Section 237-29.55--Gross proceeds or gross income from the sale of tangible personal property imported into the State for subsequent resale. [L 2016, c 261, pt of §2; am L 2017, c 177, §12]