SB 443 IN Passed One Chamber
Business personal property tax.
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Summary
Increases the acquisition cost threshold for the business personal property tax exemption from $80,000 to $100,000.
Sponsors (4)
- Aaron Freeman Republican · author
- Chris Garten Republican · author
- James Tomes Republican · author
- Craig Snow Republican · sponsor
3 coauthors / cosponsors
- Mike Gaskill Republican · coauthor
- Eric Koch Republican · coauthor
- Chris Judy Republican · cosponsor
Action history (15)
- Jan 13, 2025 Authored by Senators Freeman and Garten · upper
- Jan 13, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper
- Jan 28, 2025 Senator Gaskill added as coauthor · upper
- Jan 28, 2025 Committee report: do pass, adopted · upper
- Jan 30, 2025 Senator Tomes added as third author · upper
- Feb 3, 2025 Senator Randolph added as coauthor · upper
- Feb 10, 2025 Senator Randolph removed as coauthor · upper
- Feb 11, 2025 Amendment #8 (Freeman) prevailed; voice vote · upper
- Feb 11, 2025 Second reading: amended, ordered engrossed · upper
- Feb 13, 2025 Senator Koch added as coauthor · upper
- Feb 13, 2025 Third reading: passed; Roll Call 127: yeas 39, nays 7 · upper
- Feb 13, 2025 House sponsor: Representative Snow · upper
- Feb 14, 2025 Referred to the House · upper
- Mar 3, 2025 First reading: referred to Committee on Ways and Means · lower
- Mar 13, 2025 Representative Judy added as cosponsor · lower
Subjects
AGENCIES; Department of Local Government Finance (DLGF)BUSINESS ORGANIZATIONS AND ASSOCIATIONS; GenerallyTAXES; ExemptionsTAXES; Property Taxes
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