SACRAMENTO, Calif., May 7, 2013 /PRNewswire/ -- They have the best intentions, keeping their pets healthy and saving money. Sounds like a good thing to do, right? Not when it involves buying pet medications from unregulated outlets that may deliver incorrect, outdated, or dangerous medications.
That's why Senator Cathleen Galgiani (D-Stockton) has authored Senate Bill 688 to help animal owners afford reliable animal prescriptions and to maintain with their veterinarian the continuum of care that provides pets with appropriate monitoring and oversight. The bill will be heard in the Senate Governance and Finance Committee on Wednesday, May 8, 2013, at 9:30 a.m. in Room 112 at the State Capitol.
"I agreed to author this important legislation to make pet medical care more affordable and accessible. As a pet owner myself, I know how costly medical care for pets can be and this bill will provide savings to pet owners and encourages proper medical treatment for our pets," said Senator Galgiani.
Sponsored by the California State Board of Equalization and co-sponsored by the California Veterinary Medical Association (CVMA), SB 688 will exempt from sales and use tax qualified transactions involving drugs and medications used to treat animals.
Board of Equalization Chairman Jerome E. Horton said, "This exemption will help California consumers by treating animal prescriptions similar to those for humans with regard to exemption from sales and use tax."
Currently, veterinarians are required to pay sales or use tax on their purchases of drugs and medicines they administer and prescribe for the treatment of animals. This cost is usually then passed on to the pet owner. The proposed legislation would create a sales and use tax exemption for drugs and medicines used, supplied, or sold
|SOURCE California Veterinary Medical Association|
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