Section 10-52-17 - Refund to contractors or subcontractors of sales or use tax upon certain fabricated tangible personal property

10-52-17. Refund to contractors or subcontractors of sales or use tax upon certain fabricated tangible personal property.A municipality imposing a sales or use tax under this chapter may by ordinance enacted by its local governing body provide for a refund of such taxes to a contractor or subcontractor licensed pursuant to chapter 10-46A or 10-46B if the contractor or subcontractor meets the requirements provided in §10-61-1. The ordinance shall provide a procedure for filing an application for the refund and receiving the payment of the refund by the municipality. Source: SL 2006, ch 60, §1.