Last Action:
03/04/2015 S Left pending in committee
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:
Bettencourt
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:
Enabling Information:
Enabling legislation is SB 758.
Senate Committee:
Senate Committee Status:
In committee