HARRY HUGHES, Governor

2119

manufacturing, assembling, processing or refining.

Tangible personal property is "consumed" if it is destroyed,
used up, or worn out to the degree or extent that the
property cannot be repaired, reconditioned, or rendered fit
for further use in manufacturing, assembling, processing, or
refining or in generating electricity. "Consumed" does not

mean or include mere obsolescence. The terms

"manufacturing," "assembling," "processing," and "refining"
shall not include (A) maintaining, servicing, or repairing;
(B) testing finished products; or (C) providing for the

comfort or health of employees. For the purpose of the tax

imposed by this subtitle, the term "sale at retail" includes
but is not limited to the following:

(4) The sale of natural or artificial gas, oil,
electricity, coal, nuclear fuel assemblies, [or] steam,
WOOD, WOOD RESIDUES, WOOD BARK, SYNTHETICALLY DERIVED FUELS,
OR REFUSE DERIVED FUELS, when made to any purchaser for
purposes other than resale or for use in manufacturing,
assembling, processing, refining, or in the generation of
electricity.

326.

(OO) SALES OF NATURAL OR ARTIFICIAL GAS, OIL,

ELECTRICITY, COAL, NUCLEAR FUEL ASSEMBLIES, STEAM, WOOD,
WOOD RESIDUES, WOOD BARK, SYNTHETICALLY DERIVED FUELS, OR
REFUSE DERIVED FUELS WHICH ARE USED IN THE MANUFACTURING,
ASSEMBLING, PROCESSING, REFINING, OR IN THE GENERATION OF
ELECTRICITY.

The tax hereby levied does not apply to the following
sales:

(OO) SALE OF WOOD, WOOD BARK, WOOD RESIDUES, OR
REFUSE-DERIVED FUELS WHEN USED FOR HEATING PURPOSES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved Hay 20, 1980.

CHAPTER 601

(House Bill 511)

AN ACT concerning

Pensions - Administrative and Technical

FOR the purpose of providing that the partnerships
established for purposes of holding securities under
the Pension System and the Teachers' Pension System may