IN SB0233 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Strong Partisan Bill (Republican 18-1)
Status: Passed on May 6 2019 - 100% progression
Action: 2019-05-06 - Public Law 273
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Strong Partisan Bill (Republican 18-1)
Status: Passed on May 6 2019 - 100% progression
Action: 2019-05-06 - Public Law 273
Text: Latest bill text (Enrolled) [PDF]
Summary
Business personal property tax exemption. Provides that not later than 30 days prior to the filing date, the appropriate assessor shall provide notification to each person whose personal property is subject to assessment. Increases, from $20,000 to $40,000, the acquisition cost threshold for the business personal property tax exemption. Specifies that a taxpayer who is eligible for a personal property tax exemption must include on the taxpayer's personal property tax return: (1) information concerning whether the taxpayer's business personal property within the county is in one location or multiple locations; and (2) an address for the location of the property. Provides that the appropriate county officer designated by the county executive (rather than the assessor, under current law) is responsible for: (1) maintaining data files of the geographic information system characteristics of each parcel in the county as of each assessment date; and (2) submitting those files to the geographic information office of the office of technology. Repeals provisions in current law that allow a county council to impose a local service fee on each person that has exempt business personal property because the business personal property does not exceed the acquisition threshold. Removes outdated provisions.
Title
Business personal property tax exemption. Provides that not later than 30 days prior to the filing date, the appropriate assessor shall provide notification to each person whose personal property is subject to assessment. Increases, from $20,000 to $40,000, the acquisition cost threshold for the business personal property tax exemption. Specifies that a taxpayer who is eligible for a personal property tax exemption must include on the taxpayer's personal property tax return: (1) information concerning whether the taxpayer's business personal property within the county is in one location or multiple locations; and (2) an address for the location of the property. Provides that the appropriate county officer designated by the county executive (rather than the assessor, under current law) is responsible for: (1) maintaining data files of the geographic information system characteristics of each parcel in the county as of each assessment date; and (2) submitting those files to the geographic information office of the office of technology. Repeals provisions in current law that allow a county council to impose a local service fee on each person that has exempt business personal property because the business personal property does not exceed the acquisition threshold. Removes outdated provisions.
Sponsors
Roll Calls
2019-04-23 - House - House - Rules Suspended. Conference Committee Report 1 (Y: 68 N: 25 NV: 1 Abs: 6) [PASS]
2019-04-23 - Senate - Senate - Rules Suspended. Conference Committee Report 1 (Y: 39 N: 9 NV: 1 Abs: 1) [PASS]
2019-04-02 - House - House - Third reading (Y: 79 N: 15 NV: 0 Abs: 6) [PASS]
2019-03-27 - House - House - Committee Vote (Y: 16 N: 7 NV: 0 Abs: 1) [PASS]
2019-01-28 - Senate - Third reading (Y: 48 N: 0 NV: 0 Abs: 2) [PASS]
2019-01-22 - Senate - Senate - Committee Vote (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]
2019-04-23 - Senate - Senate - Rules Suspended. Conference Committee Report 1 (Y: 39 N: 9 NV: 1 Abs: 1) [PASS]
2019-04-02 - House - House - Third reading (Y: 79 N: 15 NV: 0 Abs: 6) [PASS]
2019-03-27 - House - House - Committee Vote (Y: 16 N: 7 NV: 0 Abs: 1) [PASS]
2019-01-28 - Senate - Third reading (Y: 48 N: 0 NV: 0 Abs: 2) [PASS]
2019-01-22 - Senate - Senate - Committee Vote (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2019-05-06 | Senate | Public Law 273 |
2019-05-05 | Senate | Signed by the Governor |
2019-04-30 | Senate | Signed by the President of the Senate |
2019-04-29 | House | Signed by the Speaker |
2019-04-24 | Senate | Signed by the President Pro Tempore |
2019-04-23 | House | Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 609: yeas 69, nays 24 |
2019-04-23 | Senate | Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 582: yeas 39, nays 9 |
2019-04-23 | Senate | CCR # 1 filed in the Senate |
2019-04-23 | House | CCR # 1 filed in the House |
2019-04-23 | House | Representative Cherry added as conferee |
2019-04-23 | House | Representative Porter removed as conferee |
2019-04-23 | House | Representative Cherry removed as advisor |
2019-04-22 | Senate | Senator Holdman added as conferee |
2019-04-22 | Senate | Senator Stoops removed as conferee |
2019-04-22 | Senate | Senator Holdman removed as advisor |
2019-04-11 | House | House advisors appointed: Thompson, Cherry, Harris and Klinker |
2019-04-11 | House | House conferees appointed: Speedy and Porter |
2019-04-11 | Senate | Senate advisors appointed: Garten, Taylor G, Holdman and Ford J.D. |
2019-04-11 | Senate | Senate conferees appointed: Freeman and Stoops |
2019-04-11 | Senate | Senate dissented from House amendments |
2019-04-10 | Senate | Motion to dissent filed |
2019-04-03 | House | Returned to the Senate with amendments |
2019-04-02 | House | Third reading: passed; Roll Call 393: yeas 79, nays 15 |
2019-04-01 | House | Amendment #1 (Mayfield) prevailed; voice vote |
2019-04-01 | House | Amendment #4 (Porter) ruled out of order |
2019-04-01 | House | Amendment #2 (Porter) ruled out of order |
2019-04-01 | House | Second reading: amended, ordered engrossed |
2019-03-28 | House | Committee report: amend do pass, adopted |
2019-03-11 | House | Representatives Cherry and Judy added as cosponsors |
2019-02-26 | House | First reading: referred to Committee on Ways and Means |
2019-01-29 | Senate | Referred to the House |
2019-01-28 | Senate | Senators Spartz, Crane, Kruse, Leising, Zay added as coauthors |
2019-01-28 | Senate | Senator Raatz added as coauthor |
2019-01-28 | Senate | House sponsor: Representative Speedy |
2019-01-28 | Senate | Third reading: passed; Roll Call 38: yeas 48, nays 0 |
2019-01-24 | Senate | Senators Bassler and Perfect added as coauthors |
2019-01-24 | Senate | Senator Buck added as coauthor |
2019-01-24 | Senate | Amendment #1 (Freeman) prevailed; voice vote |
2019-01-24 | Senate | Second reading: amended, ordered engrossed |
2019-01-22 | Senate | Senators Messmer, Buchanan, Charbonneau, Niezgodski added as coauthors |
2019-01-22 | Senate | Senator Holdman added as third author |
2019-01-22 | Senate | Committee report: amend do pass, adopted |
2019-01-14 | Senate | Senator Garten added as second author |
2019-01-03 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2019-01-03 | Senate | Authored by Senator Freeman |