Legislation

Title: Personal Property Tax - Exemption for Low Assessments
Sponsored by: Chair, Ways and Means Committee (By Request - Departmental - Assessments and Taxation)
Status: Approved by the Governor - Chapter 102
Analysis: Fiscal and Policy Note

Synopsis

Exempting from the personal property tax persons with personal property that had a total original cost of less than $2,500; and applying the Act to all taxable years beginning after December 31, 2018.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2018

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

Legislation History
Chamber House Calendar Date 1/12/2018 Legislative Date 1/12/2018 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Personal Property Tax - Exemption for Low Assessments Proceedings
Chamber House Calendar Date 1/15/2018 Legislative Date 1/15/2018 Action Hearing 1/30 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 3/15/2018 Legislative Date 3/15/2018 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/15/2018 Legislative Date 3/12/2018 Action Favorable Adopted Second Reading Passed Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Personal Property Tax - Exemption for Low Assessments Proceedings
Chamber House Calendar Date 3/17/2018 Legislative Date 3/13/2018 Action Third Reading Passed (134-0) Proceedings 47AClick to view Recorded Media
Chamber Senate Calendar Date 3/19/2018 Legislative Date 3/16/2018 Action Referred Budget and Taxation Proceedings 48BClick to view Recorded Media
Chamber Senate Calendar Date 3/21/2018 Legislative Date 3/21/2018 Action Hearing 3/28 at 1:00 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 3/30/2018 Legislative Date 3/30/2018 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/30/2018 Legislative Date 3/27/2018 Action Favorable Adopted Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 3/30/2018 Legislative Date 3/27/2018 Action Second Reading Passed Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/02/2018 Legislative Date 3/28/2018 Action Third Reading Passed (46-0) Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/03/2018 Legislative Date 3/25/2018 Action Returned Passed Proceedings 59 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/10/2018 Legislative Date 4/10/2018 Action Approved by the Governor - Chapter 102 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Personal Property Tax - Exemption for Low Assessments Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/12/2018	1/12/2018	First Reading Ways and Means
			Text - First - Personal Property Tax - Exemption for Low Assessments
House	1/15/2018	1/15/2018	Hearing 1/30 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/15/2018	3/15/2018	Favorable Report by Ways and Means
House	3/15/2018	3/12/2018	Favorable Adopted Second Reading Passed	46 Click to view Recorded Media
			Text - Third - Personal Property Tax - Exemption for Low Assessments
House	3/17/2018	3/13/2018	Third Reading Passed (134-0)	47AClick to view Recorded Media
Senate	3/19/2018	3/16/2018	Referred Budget and Taxation	48BClick to view Recorded Media
Senate	3/21/2018	3/21/2018	Hearing 3/28 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/30/2018	3/30/2018	Favorable Report by Budget and Taxation
Senate	3/30/2018	3/27/2018	Favorable Adopted	58 Click to view Recorded Media
Senate	3/30/2018	3/27/2018	Second Reading Passed	58 Click to view Recorded Media
Senate	4/02/2018	3/28/2018	Third Reading Passed (46-0)	59 Click to view Recorded Media
House	4/03/2018	3/25/2018	Returned Passed	59 Click to view Recorded Media
Post Passage	4/10/2018	4/10/2018	Approved by the Governor - Chapter 102
			Text - Chapter - Personal Property Tax - Exemption for Low Assessments

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Subjects

Statutes