Passed BothConf. Cmte
- Personal Property Tax - Exemption for Business Personal Property
- Sponsored by
- Delegates M. Fisher, Adams, Arentz, Buckel, Chisholm, Clark, Corderman, Ghrist, Hartman, Hornberger, Howard, Jacobs, Jalisi, Malone, McComas, Morgan, Otto, Saab, and Shoemaker
- In the House - Hearing 2/26 at 1:00 p.m.
- Fiscal and Policy Note
Exempting business personal property from the property tax imposed by a county or municipal corporation, subject to certain exceptions; requiring the State Department of Assessments and Taxation to identify certain provisions of law and submit a certain report to the General Assembly; and applying the Act to taxable years beginning after June 30, 2019.
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
HistoryToggle History Dropdown
File CodeToggle Filecode Dropdown
SubjectsToggle Subjects Dropdown
StatutesToggle Statutes Dropdown
( 7-402 )
Last Updated: 2/3/2020 2:31 PM