Introduced
by
To revise methods used by local governments to calculate the taxable value of commercial “personal property” (tools and equipment) and industrial property for purposes of receiving state reimbursement of foregone taxes under the complex system of exemptions and subsidies for property taxes that are levied these assets. This is part of a package comprised of House Bills 4926 to 4930.
Referred to the Committee on Tax Policy
Reported without amendment
Refer to the Committee on Ways and Means.
Referred to the Committee on Ways and Means
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 105 to 0 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To revise methods used by local governments to calculate the taxable value of commercial “personal property” (tools and equipment) and industrial property for purposes of receiving state reimbursement of foregone taxes under the complex system of exemptions and subsidies for property taxes that are levied these assets. This is part of a package comprised of House Bills 4926 to 4930.
