Last Action:
03/23/2015 H Referred to Ways & Means: Mar 23 2015 1:07PM
Council Document:
84R 6089 TJB-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation by one or more political subdivisions tangible personal property used by the owner of the property to manufacture, process, or fabricate tangible personal property for ultimate sale.
Author:
Elkins
Subjects:
Business & Commerce--General (I0050)
Property Interests--Personal Property (I0600)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
Taxation--Sales (I0800)
Companion:
SJR 35 by Bettencourt, Identical
Enabling Information:
House Committee:
House Committee Status:
In committee