2020 House Bill 5778

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Introduced in the House

May 19, 2020

Introduced by Rep. Jim Ellison (D-26)

To replace the property tax levied on heavy equipment owned by an equipment rental company with a 2% tax on heavy equipment rentals, mostly to be distributed to local governments. This bill repeals the property tax liability, and House Bill 5778 authorizes the new rental tax.

Referred to the Committee on Tax Policy

Sept. 22, 2020

Reported without amendment

Refer to the Committee on Ways and Means.

Referred to the Committee on Ways and Means