SB 119 IN

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Became Law

Makes new farm equipment and new agricultural improvements eligible for local tax abatement using the same procedures for tax abatement under current law for new manufacturing equipment, new research and development equipment, new logistical distribution equipment, and new information technology equipment, or redevelopment and rehabilitation in the case of new agricultural improvements. Limits an abatement schedule for new farm equipment and new agricultural improvements to not more than five years. Specifies how agricultural improvements shall be assessed for tax purposes.

• Rick Niemeyer Republican · author
• Ed Charbonneau Republican · author
• Kevin Boehnlein · author
• Harold Slager Republican · sponsor

1. Jan 4, 2022 Authored by Senator Niemeyer · upper
2. Jan 4, 2022 First reading: referred to Committee on Tax and Fiscal Policy · upper
3. Jan 11, 2022 Senator Boehnlein added as second author · upper
4. Jan 18, 2022 Committee report: do pass, adopted · upper
5. Jan 20, 2022 Second reading: ordered engrossed · upper
6. Jan 20, 2022 Senator Buchanan added as coauthor · upper
7. Jan 24, 2022 Third reading: passed; Roll Call 48: yeas 47, nays 0 · upper
8. Jan 24, 2022 House sponsor: Representative Slager · upper
9. Jan 24, 2022 Cosponsors: Representatives Cherry and Aylesworth · upper
10. Jan 24, 2022 Senator Boehnlein removed as second author · upper
11. Jan 24, 2022 Senator Charbonneau added as second author · upper
12. Jan 24, 2022 Senator Boehnlein added as third author · upper
13. Jan 24, 2022 Senators Lanane and Kruse added as coauthors · upper
14. Jan 26, 2022 Referred to the House · upper
15. Jan 31, 2022 First reading: referred to Committee on Ways and Means · lower
16. Feb 10, 2022 Committee report: do pass, adopted · lower
17. Feb 10, 2022 Representative Thompson added as cosponsor · lower
18. Feb 14, 2022 Second reading: ordered engrossed · lower
19. Feb 15, 2022 Third reading: passed; Roll Call 185: yeas 76, nays 16 · lower
20. Feb 16, 2022 Returned to the Senate without amendments · lower
21. Feb 21, 2022 Signed by the President Pro Tempore · upper
22. Feb 24, 2022 Signed by the Speaker · lower
23. Mar 7, 2022 Signed by the Governor · executive
24. Mar 7, 2022 Signed by the President of the Senate · upper
25. Mar 7, 2022 Public Law 8 · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Enrolled Senate Bill (S) · Feb 16, 2022 · PDF
• Introduced Senate Bill (S) · Dec 28, 2021 · PDF
• Senate Bill (S) · Jan 18, 2022 · PDF
• Senate Bill (H) · Feb 10, 2022 · PDF