Legislation

Title: Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation
Sponsored by: Senators Peters, Eckardt, Edwards, Guzzone, King, Salling, Serafini, and Zucker
Status: Approved by the Governor - Chapter 250
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring that, after an annexation resolution is introduced, the chief executive or the administrative officer of the municipality shall notify commercial property owners in the area to be annexed of all personal property taxes and fees imposed by the municipality and the date, time, and place of the public hearing on the annexation; providing, in the taxable year beginning July 1, 2019, up to a 100% property tax credit that a county or municipal corporation is required to grant for the property tax imposed on certain vehicles; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB1317

Bill File Type: Regular

Effective Date(s): June 1, 2019

Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Property Tax - Vehicles Valued as Stock in Business - Alteration of Tax Credit Proceedings
Chamber Senate Calendar Date 2/06/2019 Legislative Date 2/06/2019 Action Hearing 2/26 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/20/2019 Legislative Date 2/20/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/20/2019 Legislative Date 2/20/2019 Action Hearing 3/05 at 1:45 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Favorable with Amendments {819435/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Floor Amendment {583725/1 (Senator Peters) Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Motion Laid Over (Senator Kagan) Adopted Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2019 Legislative Date 3/15/2019 Action Floor Amendment {583725/1 (Senator Peters) Adopted Proceedings 47 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2019 Legislative Date 3/15/2019 Action Second Reading Passed with Amendments Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation Proceedings
Chamber Senate Calendar Date 3/18/2019 Legislative Date 3/16/2019 Action Third Reading Passed (46-0) Proceedings 48 Click to view Recorded Media
Chamber House Calendar Date 3/19/2019 Legislative Date 3/15/2019 Action Referred Ways and Means Proceedings 50 Click to view Recorded Media
Chamber House Calendar Date 3/19/2019 Legislative Date 3/19/2019 Action Hearing 3/26 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/28/2019 Legislative Date 3/28/2019 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/28/2019 Legislative Date 3/20/2019 Action Favorable with Amendments {445666/1 Adopted Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 3/28/2019 Legislative Date 3/20/2019 Action Second Reading Passed with Amendments Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 3/29/2019 Legislative Date 3/21/2019 Action Third Reading Passed (136-0) Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 4/02/2019 Legislative Date 3/27/2019 Action Senate Concurs House Amendments Proceedings 59 Click to view Recorded Media
Chamber Senate Calendar Date 4/02/2019 Legislative Date 3/27/2019 Action Third Reading Passed (45-0) Proceedings 59 Click to view Recorded Media
Chamber Senate Calendar Date 4/02/2019 Legislative Date 3/27/2019 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation Proceedings
Chamber Post Passage Calendar Date 4/30/2019 Legislative Date 4/30/2019 Action Approved by the Governor - Chapter 250 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/04/2019	2/04/2019	First Reading Budget and Taxation
			Text - First - Property Tax - Vehicles Valued as Stock in Business - Alteration of Tax Credit
Senate	2/06/2019	2/06/2019	Hearing 2/26 at 2:00 p.m.
Senate	2/20/2019	2/20/2019	Hearing canceled
Senate	2/20/2019	2/20/2019	Hearing 3/05 at 1:45 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/14/2019	3/14/2019	Favorable with Amendments Report by Budget and Taxation
Senate	3/14/2019	3/14/2019	Favorable with Amendments {819435/1 Adopted	46 Click to view Recorded Media
Senate	3/14/2019	3/14/2019	Floor Amendment {583725/1 (Senator Peters)	46 Click to view Recorded Media
Senate	3/14/2019	3/14/2019	Motion Laid Over (Senator Kagan) Adopted	46 Click to view Recorded Media
Senate	3/15/2019	3/15/2019	Floor Amendment {583725/1 (Senator Peters) Adopted	47 Click to view Recorded Media
Senate	3/15/2019	3/15/2019	Second Reading Passed with Amendments	47 Click to view Recorded Media
			Text - Third - Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation
Senate	3/18/2019	3/16/2019	Third Reading Passed (46-0)	48 Click to view Recorded Media
House	3/19/2019	3/15/2019	Referred Ways and Means	50 Click to view Recorded Media
House	3/19/2019	3/19/2019	Hearing 3/26 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/28/2019	3/28/2019	Favorable with Amendments Report by Ways and Means
House	3/28/2019	3/20/2019	Favorable with Amendments {445666/1 Adopted	55 Click to view Recorded Media
House	3/28/2019	3/20/2019	Second Reading Passed with Amendments	55 Click to view Recorded Media
House	3/29/2019	3/21/2019	Third Reading Passed (136-0)	56 Click to view Recorded Media
Senate	4/02/2019	3/27/2019	Senate Concurs House Amendments	59 Click to view Recorded Media
Senate	4/02/2019	3/27/2019	Third Reading Passed (45-0)	59 Click to view Recorded Media
Senate	4/02/2019	3/27/2019	Passed Enrolled
			Text - Enrolled - Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation
Post Passage	4/30/2019	4/30/2019	Approved by the Governor - Chapter 250
			Text - Chapter - Property Tax – Vehicles Valued as Stock in Business and Notification on Annexation

File Code

Subjects

Statutes