2011 Regular Session
|At the request of:||(at the request of Mike Cropp)|
|Bill Title:||Relating to taxation of tangible personal property; prescribing an effective date.|
Exempts from property taxation items of tangible personal property used exclusively on owner's farm parcel primarily to promote sale of products produced on parcel and on other local farm parcels.
Excludes retail equipment from exemption. Applies to property tax years beginning on or after July 1, 2012. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Transportation and Economic Development|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|