IN SB0001 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 9-0)
Status: Passed on March 25 2014 - 100% progression
Action: 2014-03-25 - Public Law 80
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Partisan Bill (Republican 9-0)
Status: Passed on March 25 2014 - 100% progression
Action: 2014-03-25 - Public Law 80
Text: Latest bill text (Enrolled) [PDF]
Summary
Specifies that the county income tax council of a county may adopt an ordinance providing that if for a particular assessment date the acquisition cost of a taxpayer's business personal property in a county is less than $20,000: (1) the taxpayer is not required to file a personal property return for the taxpayer's business personal property in the county for that assessment date; and (2) the taxpayer's business personal property in the county for that assessment date is exempt from taxation. Specifies that such an exemption ordinance may apply to assessment dates after December 31, 2015. Specifies that this exemption does not apply to mobile homes assessed as personal property, personal property held as an investment, or personal property that is owned by certain utilities subject to regulation by the utility regulatory commission and is assessed as utility property. Requires the taxpayer to file a certification with the county assessor before May 15 of the year in which the assessment date occurs, and imposes a penalty if the annual certification is not timely filed. Provides that the tax rate for certain tax increment financing areas shall be calculated as if this exemption were not in effect. Provides that a county income tax council may adopt an ordinance to exempt from property taxation any new business personal property that is located in the county. Specifies that this exemption does not apply to mobile homes assessed as personal property, personal property held as an investment, or personal property that is owned by certain utilities subject to regulation by the utility regulatory commission and is assessed as utility property. Provides that a designating body may establish an enhanced abatement schedule for personal property that may not exceed 20 years. Provides
Title
State and local taxation.
Sponsors
Roll Calls
2014-03-13 - Senate - Senate - Conference Committee Report 1 adopted (Y: 36 N: 12 NV: 0 Abs: 2) [PASS]
2014-03-13 - House - House - Rules Suspended. Conference Committee Report 1 adopted (Y: 63 N: 37 NV: 0 Abs: 0) [PASS]
2014-03-03 - House - House Floor - (Y: 63 N: 36 NV: 0 Abs: 1) [PASS]
2014-02-27 - House - House Floor - (Y: 31 N: 64 NV: 2 Abs: 3) [FAIL]
2014-02-27 - House - House Floor - (Y: 30 N: 65 NV: 1 Abs: 4) [FAIL]
2014-02-27 - House - House Floor - (Y: 32 N: 60 NV: 5 Abs: 3) [FAIL]
2014-02-25 - House - House Committee on Ways and Means - Roll Call 000103 (Y: 11 N: 5 NV: 0 Abs: 8) [PASS]
2014-01-30 - Senate - Senate - Third reading: Passed: (Y: 35 N: 11 NV: 1 Abs: 3) [PASS]
2014-01-28 - Senate - Senate Floor - (Y: 13 N: 36 NV: 0 Abs: 1) [FAIL]
2014-01-28 - Senate - Senate Floor - (Y: 13 N: 36 NV: 0 Abs: 1) [FAIL]
2014-01-28 - Senate - Senate Floor - (Y: 12 N: 36 NV: 1 Abs: 1) [FAIL]
2014-01-28 - Senate - Senate Floor - (Y: 13 N: 35 NV: 1 Abs: 1) [FAIL]
2014-01-21 - Senate - Senate Committee on Tax and Fiscal Policy - Roll Call 000101 (Y: 7 N: 2 NV: 0 Abs: 0) [PASS]
2014-03-13 - House - House - Rules Suspended. Conference Committee Report 1 adopted (Y: 63 N: 37 NV: 0 Abs: 0) [PASS]
2014-03-03 - House - House Floor - (Y: 63 N: 36 NV: 0 Abs: 1) [PASS]
2014-02-27 - House - House Floor - (Y: 31 N: 64 NV: 2 Abs: 3) [FAIL]
2014-02-27 - House - House Floor - (Y: 30 N: 65 NV: 1 Abs: 4) [FAIL]
2014-02-27 - House - House Floor - (Y: 32 N: 60 NV: 5 Abs: 3) [FAIL]
2014-02-25 - House - House Committee on Ways and Means - Roll Call 000103 (Y: 11 N: 5 NV: 0 Abs: 8) [PASS]
2014-01-30 - Senate - Senate - Third reading: Passed: (Y: 35 N: 11 NV: 1 Abs: 3) [PASS]
2014-01-28 - Senate - Senate Floor - (Y: 13 N: 36 NV: 0 Abs: 1) [FAIL]
2014-01-28 - Senate - Senate Floor - (Y: 13 N: 36 NV: 0 Abs: 1) [FAIL]
2014-01-28 - Senate - Senate Floor - (Y: 12 N: 36 NV: 1 Abs: 1) [FAIL]
2014-01-28 - Senate - Senate Floor - (Y: 13 N: 35 NV: 1 Abs: 1) [FAIL]
2014-01-21 - Senate - Senate Committee on Tax and Fiscal Policy - Roll Call 000101 (Y: 7 N: 2 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2014-03-25 | Senate | Public Law 80 |
2014-03-25 | Senate | Signed by the Governor |
2014-03-20 | Senate | Signed by the President Pro Tempore |
2014-03-18 | Senate | Signed by the President of the Senate |
2014-03-15 | House | Signed by the Speaker |
2014-03-13 | House | Rules Suspended. Conference Committee Report 1 adopted; Roll Call 510: yeas 63 and nays 37 |
2014-03-13 | Senate | Rules Suspended. Conference Committee Report 1 adopted; Roll Call 431: yeas 36 and nays 12 |
2014-03-13 | Senate | Senator Kenley added as conferee |
2014-03-13 | Senate | Senator Tallian removed as conferee |
2014-03-13 | House | Representative T. Brown added as conferee |
2014-03-13 | Senate | Senator Kenley removed as advisor |
2014-03-13 | House | Representative T. Brown removed as advisor |
2014-03-13 | House | Representative Porter removed as conferee |
2014-03-12 | Senate | Senator Charbonneau added as coauthor. |
2014-03-11 | House | Representative Stemler added as advisor |
2014-03-11 | House | Representative Pryor added as advisor |
2014-03-11 | House | Representative Niezgodski added as advisor |
2014-03-11 | House | Representative Klinker added as advisor |
2014-03-11 | House | Representative Kersey added as advisor |
2014-03-11 | House | Representative Goodin added as advisor |
2014-03-11 | House | Representative Candelaria Reardon added as advisor |
2014-03-11 | House | Representative T. Brown added as advisor |
2014-03-11 | House | Representative Huston added as advisor |
2014-03-11 | House | Representative Braun added as advisor |
2014-03-11 | House | Representative Porter added as conferee |
2014-03-11 | House | Representative Turner added as conferee |
2014-03-10 | Senate | Senator Mishler added as advisor |
2014-03-10 | Senate | Senator Skinner added as advisor |
2014-03-10 | Senate | Senator Kenley added as advisor |
2014-03-10 | Senate | Senator Tallian added as conferee |
2014-03-10 | Senate | Senator Hershman added as conferee |
2014-03-10 | Senate | Senate dissented from House amendments |
2014-03-03 | House | Returned to the Senate with amendments |
2014-03-03 | House | Third reading: Passed: Roll Call 372: yeas 63 and nays 36 |
2014-02-27 | House | Second reading: amended, ordered engrossed. |
2014-02-27 | House | SB 1 Amendment #9 (Porter), failed. |
2014-02-27 | House | SB 1 Amendment #13 (Porter), failed. |
2014-02-27 | House | SB 1 Amendment #4 (Dvorak), failed. |
2014-02-27 | House | SB 1 Amendment #5 (Kersey), failed. |
2014-02-27 | House | SB 1 Amendment #1 (Dermody), prevailed. |
2014-02-27 | House | SB 1 Amendment #3 (Dvorak) motion withdrawn. |
2014-02-27 | House | SB 1 Amendment #10 (Pryor), prevailed. |
2014-02-25 | House | Committee report: amend do pass, adopted. |
2014-02-10 | House | First Reading: Referred to Ways and Means |
2014-01-30 | Senate | Senator Miller Patricia added as coauthor. |
2014-01-30 | Senate | Senator Kruse added as coauthor. |
2014-01-30 | Senate | Representative Turner added cosponsor. |
2014-01-30 | Senate | Representative T. Brown added as sponsor. |
2014-01-30 | Senate | Referred to the House |
2014-01-30 | Senate | Third reading: Passed: Roll Call 83: yeas 35 and nays 11 |
2014-01-28 | Senate | Second reading: amended, ordered engrossed |
2014-01-28 | Senate | SB 1 Amendment #12 (Skinner), failed. |
2014-01-28 | Senate | SB 1 Amendment #2 (Tallian), failed. |
2014-01-28 | Senate | SB 1 Amendment #9 (Skinner), failed. |
2014-01-28 | Senate | SB 1 Amendment #3 (Tallian), failed. |
2014-01-28 | Senate | SB 1 Amendment #13 (Waterman), prevailed. |
2014-01-28 | Senate | SB 1 Amendment #4 (Tallian), prevailed. |
2014-01-28 | Senate | SB 1 Amendment #1 (Holdman), prevailed. |
2014-01-27 | Senate | Senator Landske added as coauthor. |
2014-01-23 | Senate | Committee report; amend do pass; adopted |
2014-01-16 | Senate | Senator Holdman added as third author. |
2014-01-16 | Senate | Senator Smith added as coauthor. |
2014-01-14 | Senate | First Reading: Referred to Tax and Fiscal Policy |
2014-01-14 | Senate | Authored by Senator Hershman, Kenley. |