Legislation
- Title
- Small Business Personal Property Tax Relief Act of 2015
- Sponsored by
- The President (By Request - Administration) and Senators Bates, Eckardt, Edwards, Hershey, Hough, Jennings, Klausmeier, Muse, Norman, Ready, Reilly, Salling, Serafini, Simonaire, Waugh, Brochin, and Peters
- Status
- In the House - Hearing 4/08 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Exempting from the personal property tax persons with personal property that has a total assessed value of $10,000 or less for the taxable year beginning after December 31, 2016, and each taxable year thereafter; requiring a person to annually apply for a specified exemption to the Department of Assessments and Taxation by specified time; etc.
Committees
- Opposite:
- Ways and Means Click to view Recorded Media
Details
Cross-filed with: HB0480
Bill File Type: Regular
Effective Date(s): June 1, 2015
Bill imposes a mandated appropriation in the annual State Budget Bill
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
By Request of the Governor
History
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Documents
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Date Posted | Document Name |
---|---|
3/31/2015 | Amendments Senate - (Budget and Taxation) {599536/01 Adopted |
2/10/2015 | Text - First - Small Business Personal Property Tax Relief Act of 2015 |
3/31/2015 | Text - Third - Small Business Personal Property Tax Relief Act of 2015 |
3/30/2015 | Vote - Senate - Committee - Budget and Taxation |
3/27/2015 | Vote - Senate Floor - Third Reading Passed (47-0) - 03/27/15 |
File Code
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Subjects
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Statutes
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(
11-101, 7-245 )
Last Updated: 2/3/2020 2:29 PM