2022 Senate Bill 805

Revise “personal property tax” details

Introduced in the Senate

Jan. 12, 2022

Introduced by Sen. Michael MacDonald (R-10)

To recalculate the amounts paid by the state to local governments in compensation for having partially reformed in 2012 a property tax levied on businesses based on the value of their tools and equipment, which is called the “personal property tax”.

Referred to the Committee on Finance