2010 Regular Session

SENATE BILL 685

CHAPTER NUMBER: 337
File Code: Taxes - Miscellaneous - Local Crossfiled with: HOUSE BILL 817
Sponsored By:
Senators DeGrange, Brinkley, Currie, Edwards, Kasemeyer, King, Kramer, McFadden, Miller, Munson, Peters, and Stoltzfus
Entitled:
Heavy Equipment Tax Reform Act of 2010

Synopsis:

Imposing a tax at a rate of 2% on the gross receipts from the short- term lease or rental of heavy equipment property by a person whose principal business is the short-term lease or rental of heavy equipment property at retail; requiring a person who owns a business with gross receipts subject to the tax to collect and remit the tax in a specified manner by the last day of the month after the end of each quarter; providing that specified heavy equipment property is not subject to personal property tax; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/10
First Reading Budget and Taxation
2/24
Hearing 3/9 at 1:00 p.m.
4/1
Favorable with Amendments Report by Budget and Taxation
3/30
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/31
Third Reading Passed (47-0)
4/9
Senate Concur - House Amendment
Third Reading Passed (46-0)
Passed Enrolled
House Action
3/28
First Reading House Rules and Executive Nominations
4/7
Re-referred Ways and Means
Hearing 4/8 at 1:00 p.m.
4/12
Favorable with Amendments Report by Ways and Means
4/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/7
Third Reading Passed with Amendments (134-2)
Action after passage in Senate and House
5/4
Approved by the Governor
- Chapter 337

Sponsored by:

Senator James E. DeGrange, Sr., District 32
Senator David R. Brinkley, District 4
Senator Ulysses Currie, District 25
Senator George C. Edwards, District 1
Senator Edward J. Kasemeyer, District 12
Senator Nancy J. King, District 39
Senator Rona E. Kramer, District 14
Senator Nathaniel J. McFadden, District 45
Senator Thomas V. Mike Miller, Jr., District 27
Senator Donald F. Munson, District 2
Senator Douglas J. J. Peters, District 23
Senator J. Lowell Stoltzfus, District 38

Bill indexed under the following Subjects:

Counties -see also- Chartered Counties; Code Counties
Equipment -see also- Motor Vehicle Equipment
Exemptions
Gross Receipts Tax
Leases and Rent
Municipal Corporations -see also- Annap; Balt; Hager; OC
Personal Property
Property Tax
Reports

Bill affects the following Statutes:

Article - 24 Political Subdivisions - Miscellaneous Provisions
( 9-609 )
Tax - Property
( 7-243 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 989532/01     Offered on: April 1, 2010   at: 11:09 a.m.     Status: Adopted
House
Number: 535566/01     Offered on: April 12, 2010   at: 2:27 p.m.     Status: Adopted
Committee Votes :
Senate
Budget and Taxation
House
Ways and Means
Roll Call Votes (Legislative dates are shown):
Senate
March 31, 2010: Third Reading Passed (47-0)
April 9, 2010: Third Reading Passed (46-0)
House
April 7, 2010: Third Reading Passed (134-2)