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CS/CS/HB 557: Tangible Personal Property Tax Transparency

GENERAL BILL by Finance and Tax Council ; Insurance, Business, and Financial Affairs Policy Committee ; Workman ; (CO-INTRODUCERS) Rogers ; Tobia

Tangible Personal Property Tax Transparency; Authorizes persons who rent specified heavy equipment to collect tangible personal property tax recovery fee on heavy equipment property rentals for specified purposes; requires disclosure of fee in rental agreement; specifies rate for fee; limits total fee collected at each business location; provides for refund or credit of amounts collected in excess of tangible personal property taxes levied on such equipment.

Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Messages
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    12/31/2009 House • Filed
    1/15/2010 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Finance & Tax Council; General Government Policy Council
    2/10/2010 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 02/17/10, 2:45 pm, Webster Hall
    2/17/2010 House • CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 12 NAYS 0
    2/24/2010 House • Pending review of CS under Rule 7.20
    2/26/2010 House • Now in Finance & Tax Council
    3/2/2010 House • Introduced, referred to Insurance, Business, & Financial Affairs Policy (GGPC); Finance & Tax Council; General Government Policy Council -HJ 00052; On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 02/17/10, 2:45 pm, Webster Hall; CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 12 NAYS 0 -HJ 00171; CS read 1st time on 03/02/10 -HJ 00161; Pending review of CS under Rule 7.20; Now in Finance & Tax Council -HJ 00163
    3/9/2010 House • On Council agenda-- Finance & Tax Council, 03/11/10, 9:00 am, 404-H
    3/11/2010 House • CS/CS by Finance & Tax Council; YEAS 15 NAYS 0 -HJ 00280
    3/15/2010 House • CS read 1st time on 03/15/10 -HJ 00277; Pending review of CS under Rule 7.20
    3/16/2010 House • Now in General Government Policy Council -HJ 00300
    3/23/2010 House • On Council agenda-- General Government Policy Council, 03/25/10, 1:00 pm, Morris Hall
    3/25/2010 House • Favorable by- General Government Policy Council; YEAS 13 NAYS 0 -HJ 00408
    3/26/2010 House • Placed on Calendar -HJ 00408
    4/23/2010 House • Placed on Special Order Calendar; Read 2nd time -HJ 00939
    4/26/2010 House • Read 3rd time -HJ 01055; CS passed; YEAS 110 NAYS 1 -HJ 01055
    4/26/2010 Senate • In Messages
    4/30/2010 Senate • Died in Messages

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  • CS/CS/HB 557, Committee Substitute 2 (Current Bill Version) Posted 3/15/2010 at 1:19 PM

    Bill Text:   Web Page | PDF
    Analyses:   Finance and Tax Council (Post-Meeting) (pdf)
    General Government Policy Council (Post-Meeting) (pdf)
    General Government Policy Council (Post-Meeting) (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 7215 (e1) Property Taxation Bogdanoff Compare Last Action: 4/30/2010 S Died in Messages, companion bill(s) passed, see CS/CS/HB 927 (Ch. 2010-109)
    Location:
    S 1170 Tangible Personal Property Taxes [WPSC] Altman Compare Last Action: 4/30/2010 S Died in Committee on Commerce
    Location:

    Floor Votes (1)

    Date Chamber Result
    4/26/2010 1:22 PM House 110 Yeas - 1 Nays

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  • CS/HB 557, Committee Substitute 1 Posted 2/24/2010 at 1:40 PM

  • HB 557, Original Filed Version Posted 12/31/2009 at 10:50 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance, Business, and Financial Affairs Policy Committee (Post-Meeting) (pdf)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    196.186

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