Sales and purchases of farm machinery are exempt under current law. The definition of “farm machinery” specifically excludes grain bins.

Section 1. Farm machinery. Adds grain bins to the definition of “farm machinery” and removes grain bins from the exclusion in the definition.

Section 2. Building materials; grain bins. Exempts from sales tax materials, equipment, and supplies used in construction of grain bins and provides a definition of “grain bin.”

Effective for sales and purchases made after June 30, 2020.