Legislation

Title: Property Tax - Exemptions for Business Personal Property - Alterations
Sponsored by: Delegates Henson, Saab, Attar, Boteler, C. Branch, Hartman, Ivey, and Patterson
Status: Approved by the Governor - Chapter 327
Analysis: Fiscal and Policy Note

Synopsis

Altering eligibility for exemptions from the personal property tax for personal property of a home business or personal property with a total original cost below $20,000; and prohibiting the State Department of Assessments and Taxation from collecting personal property information or requiring the submission of a personal property tax return from certain businesses that qualify for certain personal property tax exemptions.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Cross-filed with: SB0274

Bill File Type: Regular

Effective Date(s): June 1, 2022

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 House Calendar Date 1/13/2022 Legislative Date 1/13/2022 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/13/2022 Legislative Date 1/13/2022 Action Hearing 2/01 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Property Tax - Exemptions for Business Personal Property - Alterations Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/18/2022 Legislative Date 3/18/2022 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/18/2022 Legislative Date 3/12/2022 Action Favorable with Amendments {643627/1 Adopted Proceedings 33 Click to view Recorded Media
Chamber House Calendar Date 3/18/2022 Legislative Date 3/12/2022 Action Second Reading Passed with Amendments Proceedings 33 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Property Tax - Exemptions for Business Personal Property - Alterations Proceedings
Chamber House Calendar Date 3/21/2022 Legislative Date 3/14/2022 Action Third Reading Passed (130-0) Proceedings 35 Click to view Recorded Media
Chamber Senate Calendar Date 3/21/2022 Legislative Date 3/09/2022 Action Referred Budget and Taxation Proceedings 49 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/29/2022 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/16/2022 Action Favorable Adopted Second Reading Passed Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2022 Legislative Date 3/19/2022 Action Third Reading Passed (47-0) Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 3/31/2022 Legislative Date 3/25/2022 Action Returned Passed Proceedings 46 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/12/2022 Legislative Date 5/12/2022 Action Approved by the Governor - Chapter 327 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Property Tax - Exemptions for Business Personal Property - Alterations Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/13/2022	1/13/2022	First Reading Ways and Means
House	1/13/2022	1/13/2022	Hearing 2/01 at 1:00 p.m.
			Text - First - Property Tax - Exemptions for Business Personal Property - Alterations
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/18/2022	3/18/2022	Favorable with Amendments Report by Ways and Means
House	3/18/2022	3/12/2022	Favorable with Amendments {643627/1 Adopted	33 Click to view Recorded Media
House	3/18/2022	3/12/2022	Second Reading Passed with Amendments	33 Click to view Recorded Media
			Text - Third - Property Tax - Exemptions for Business Personal Property - Alterations
House	3/21/2022	3/14/2022	Third Reading Passed (130-0)	35 Click to view Recorded Media
Senate	3/21/2022	3/09/2022	Referred Budget and Taxation	49 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/29/2022	3/29/2022	Favorable Report by Budget and Taxation
Senate	3/29/2022	3/16/2022	Favorable Adopted Second Reading Passed	56 Click to view Recorded Media
Senate	3/31/2022	3/19/2022	Third Reading Passed (47-0)	59 Click to view Recorded Media
House	3/31/2022	3/25/2022	Returned Passed	46 Click to view Recorded Media
Post Passage	5/12/2022	5/12/2022	Approved by the Governor - Chapter 327
			Text - Chapter - Property Tax - Exemptions for Business Personal Property - Alterations

File Code

Subjects

Statutes