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Legislation


2004 Regular Session

HOUSE BILL 831

File Code: Taxes - Property
Sponsored By:
Delegate Gordon
Entitled:
State Personal Property Tax

Synopsis:

Imposing a State personal property tax on personal property at a rate that is 2.5 times the rate for real property; requiring the Board of Public Works to certify the personal property tax rate and requiring the governing bodies of each county to collect the tax; and requiring personal property tax revenues to be deposited in the General Fund of the State.

History by Legislative Date

House Action
2/9
First Reading Ways and Means
2/18
Hearing 3/3 at 1:00 p.m.
Senate Action
No Action
Bill indexed under the following Subjects:
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
EXEMPTIONS
PERSONAL PROPERTY
PROPERTY TAX
PUBLIC WORKS, BOARD OF
Bill affects the following Statutes:
State Finance and Procurement
( 8-134 )
Tax - Property
( 6-301 , 7-301 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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