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HB 24B-1003 CO
Became Law

Business Personal Property Tax Exemptions

CO · session 2024B · Assembly / House · bill

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Introduced Aug 26, 2024

Latest action (Sep 6, 2024) Introduced In House - Assigned to Appropriations

Summary

Section 1 of the act clarifies that personal property used in direct connection with the operation of a greenhouse for the sole purpose of growing crops in the greenhouse to obtain a monetary profit from the wholesale of plant-based food for human or livestock consumption is included in the definition of equipment used in a controlled environment agricultural (CEA) facility and is thus exempt pursuant to the exemption for such agricultural equipment, which exemption is permanently extended to all future property tax years in section 2 of the act. APPROVED by Governor September 6, 2024 EFFECTIVE November 28, 2024(Note: This summary applies to this bill as enacted.)

Sponsors (4)

Action history (12)

  1. Sep 6, 2024 Governor Signed · executive
  2. Aug 29, 2024 Sent to the Governor · executive
  3. Aug 29, 2024 Signed by the President of the Senate · upper
  4. Aug 29, 2024 Signed by the Speaker of the House · lower
  5. Aug 29, 2024 Senate Third Reading Passed - No Amendments · upper
  6. Aug 28, 2024 Senate Second Reading Special Order - Passed - No Amendments · upper
  7. Aug 28, 2024 Senate Committee on Finance Refer Unamended to Senate Committee of the Whole · upper
  8. Aug 28, 2024 Introduced In Senate - Assigned to Finance · upper
  9. Aug 28, 2024 House Third Reading Passed - No Amendments · lower
  10. Aug 27, 2024 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
  11. Aug 26, 2024 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
  12. Aug 26, 2024 Introduced In House - Assigned to Appropriations · lower

Full text

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