SENATE BILL 88

Sponsored By:

Chair, Budget and Taxation Committee (By Request - Departmental - Assessments and Taxation)

Entitled:

Tax - Property - Exempt Manufacturing Personal Property Application Deadline

Synopsis:

Providing that a property tax exemption for specified manufacturing personal property shall be granted for the taxable year that appears on the first assessment notice that includes the manufacturing personal property if the owner files an application for an exemption within 6 months after receipt of that assessment notice and the application is approved.

History by Legislative and Calendar Date

Senate Action

10/6

Pre-filed

1/14

First Reading Budget and Taxation

1/7

Hearing 1/15 at 2:00 p.m.

1/9

Hearing cancelled

Hearing 1/15 at 12:00 p.m.

1/14

Hearing cancelled

Hearing 1/15 at 12:30 p.m.

2/25

Favorable Report by Budget and Taxation

2/26

Favorable Report Adopted

Second Reading Passed

3/2

Third Reading Passed (45-0)

4/3

Returned Passed

House Action

3/3

First Reading Ways and Means

3/25

Hearing 4/2 at 1:00 p.m.

4/3

Favorable Report by Ways and Means

3/30

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (134-0)

Action after passage in Senate and House

5/7

Approved by the Governor

- Chapter 363

Sponsored by:

Budget and Taxation Committee, Chair

Departmental

Assessments and Taxation

Bill indexed under the following Subjects:

Equipment -see also- Motor Vehicle Equipment

Exemptions

Industry and Technology

Personal Property

Property Tax

Bill affects the following Statutes:

Tax - Property

( 7-104 , 11-103 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

March 2, 2009: Third Reading Passed (45-0)

House

March 31, 2009: Third Reading Passed (134-0)