HB1429
Tangible personal property tax; exemption for indoor agriculture equipment and machinery.
Summary
As Passed House of Origin. Tangible personal property tax; indoor agriculture equipment and machinery.
Specifies that farm machinery, farm equipment, and farm implements used by an indoor, closed, controlled-environment commercial agricultural facility are a class of farm machinery and farm implements that a locality may exempt from personal property taxation. This bill incorporates HB 384 and is identical to SB 483.-
Bill History
- 01/18/2024 - House: Presented and ordered printed 24105709D
- 01/18/2024 - House: Referred to Committee on Finance
- 01/25/2024 - House: Assigned Finance sub: Subcommittee #2
- 01/26/2024 - House: Impact statement from TAX (HB1429)
- 01/30/2024 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 01/31/2024 - House: Reported from Finance with substitute (22-Y 0-N)
- 01/31/2024 - House: Committee substitute printed 24106718D-H1
- 01/31/2024 - House: Incorporates HB384 (Ware)
- 02/01/2024 - House: House committee, floor amendments and substitutes offered
- 02/02/2024 - House: Read first time
- 02/05/2024 - House: Read second time
- 02/05/2024 - House: Committee substitute agreed to 24106718D-H1
- 02/05/2024 - House: Engrossed by House - committee substitute HB1429H1
- 02/06/2024 - House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/06/2024 - House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/07/2024 - Senate: Constitutional reading dispensed
- 02/07/2024 - Senate: Referred to Committee on Finance and Appropriations
- 02/15/2024 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
- 02/19/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/20/2024 - Senate: Read third time
- 02/20/2024 - Senate: Passed Senate (40-Y 0-N)
- 02/26/2024 - House: Enrolled
- 02/26/2024 - House: Bill text as passed House and Senate (HB1429ER)
- 02/26/2024 - House: Signed by Speaker
- 02/27/2024 - House: Impact statement from TAX (HB1429ER)
- 02/28/2024 - Senate: Signed by President
- 03/11/2024 - House: Enrolled Bill communicated to Governor on March 11, 2024
- 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
- 03/14/2024 - Governor: Approved by Governor-Chapter 87 (effective 7/1/24)
- 03/14/2024 - Governor: Acts of Assembly Chapter text (CHAP0087)
