SB483
Tangible personal property tax; exemption for indoor agriculture equipment and machinery.
Summary
As Introduced. 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 is identical to HB 1429.-
Bill History
- 01/09/2024 - Senate: Prefiled and ordered printed; offered 01/10/24 24102642D
- 01/09/2024 - Senate: Referred to Committee on Finance and Appropriations
- 01/19/2024 - Senate: Impact statement from TAX (SB483)
- 02/06/2024 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
- 02/07/2024 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/08/2024 - Senate: Read second time and engrossed
- 02/08/2024 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/08/2024 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/14/2024 - House: Placed on Calendar
- 02/14/2024 - House: Read first time
- 02/14/2024 - House: Referred to Committee on Finance
- 02/19/2024 - House: Reported from Finance (22-Y 0-N)
- 02/21/2024 - House: Read second time
- 02/22/2024 - House: Read third time
- 02/22/2024 - House: Passed House BLOCK VOTE (99-Y -0-N)
- 02/22/2024 - House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/27/2024 - Senate: Enrolled
- 02/27/2024 - Senate: Bill text as passed Senate and House (SB483ER)
- 02/27/2024 - Senate: Impact statement from TAX (SB483ER)
- 02/27/2024 - House: Signed by Speaker
- 03/01/2024 - Senate: Signed by President
- 03/11/2024 - Senate: 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 88 (effective 7/1/24)
- 03/14/2024 - Governor: Acts of Assembly Chapter text (CHAP0088)
