SENATE BILL 71

Sponsored By:

Chairman, Budget and Taxation Committee (Departmental - Assessments and Taxation)

Entitled:

State Personal Property Tax - Exemption

Synopsis:

Exempting all personal property from the State property tax; repealing the requirement that the Board of Public Works certify a zero rate of State taxation on personal property; and providing that the Act be applicable to all taxable years beginning on or after July 1, 2000.

History by Legislative Date

Senate Action

07/27

Pre-filed

1/13

First Reading Budget and Taxation

Hearing 1/27 at 1:30 p.m.

2/1

Favorable Report by Budget and Taxation

2/2

Favorable Report Adopted

Second Reading Passed

2/4

Third Reading Passed (45-0)

4/5

Return Passed

4/13

Signed by the Governor Chapter 29

House Action

2/5

First Reading Ways and Means

3/17

Hearing 3/24 at 1:00 p.m.

4/2

Favorable Report by Ways and Means

3/31

Favorable Report Adopted

Second Reading Passed

4/1

Third Reading Passed (132-0)

Sponsored by:

Chairman, Budget & Tax. Comm.

Departmental

Bill indexed under the following Subjects:

PERSONAL PROPERTY

PROPERTY TAX -see also- ASSESSMENTS

PUBLIC WORKS, BOARD OF

Bill affects the following Statutes:

State Finance and Procurement

( 8-134 )

Tax - Property

( 7-301 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

February 4, 1999: Third Reading Passed (45-0)

House

April 1, 1999: Third Reading Passed (132-0)