Introduced
by
To revise details of the definition of “personal property,” meaning business tools and equipment that are subject to property tax, and of exemptions related to this, along with details of the procedures and forms used in collecting this tax. This relates to the complex system of exemptions and state subsidies to local governments enacted as part of attempts by the last two legislatures to phase out this tax.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 107 to 1 (details)
To revise details of the definition of “personal property,” meaning business tools and equipment that are subject to property tax, and of exemptions related to this, along with details of the procedures and forms used in collecting this tax.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
To revise details of the definition of “personal property,” meaning business tools and equipment that are subject to property tax, and of exemptions related to this, along with details of the procedures and forms used in collecting this tax.
