SB0506 (CH0488)

2013 Regular Session

 

Entitled:

Washington County - Technology-Related Businesses - Payment in Lieu of Taxes Agreements

Sponsored by:

Senator Shank

Status:

Approved by the Governor - Chapter 488


Synopsis:Authorizing the governing body of Washington County to enter into an agreement with the owner of a technology-related business for payment in lieu of the county personal property tax; requiring that a payment in lieu of taxes agreement include specified provisions; exempting personal property of a technology-related business from county personal property tax as specified in a payment in lieu of taxes agreement; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Shank, Edwards, and Young
Additional Facts:Cross-filed with: HB0551
Bill File Type: Regular
Effective Date(s): June 1, 2013
Committee(s):
Budget and Taxation  Listen to Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Property - Local
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Exemptions
Industry and Technology
Personal Property
Property Tax
Washington County
Statutes:Article - Tax - Property
(7-509.1)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:09 P.M.