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2016 Regular Session
At the request of: (at the request of Senate Interim Committee on Finance and Revenue)
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to the minimum cost requirement for the exemption of certain food processing property; and prescribing an effective date.
Catchline/Summary: Changes minimum expenditure requirement for property tax exemption of qualified machinery and equipment used to process grains or bakery products from $100,000 of real market value when placed in service to $100,000 of total cost of initial investment to food processor.
Chapter Number: Chapter 105
Fiscal Impact: No Fiscal Impact
Revenue Impact: Has Minimal Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
Current Committee:
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events