CS/SB 1642: Tax Exemptions
GENERAL BILL by Commerce and Tourism ; Gruters
Tax Exemptions; Revising the affordable housing property exemption to exempt from ad valorem taxation, rather than provide a discount to, certain multifamily projects after a certain timeframe; providing a sales tax exemption for certain aircraft equipment used as part of certain governmental contracts; providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets certain capital investment criteria, etc.
Last Action: 3/14/2020 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
- Finance and Tax (FT)
- Appropriations (AP)
Bill History
Date | Chamber | Action |
---|---|---|
1/9/2020 | Senate |
• Filed |
1/17/2020 | Senate |
• Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 161 |
1/22/2020 | Senate |
• Introduced -SJ 161 |
1/30/2020 | Senate |
• On Committee agenda-- Commerce and Tourism, 02/04/20, 9:00 am, 110 Senate Building |
2/4/2020 | Senate |
• CS by Commerce and Tourism; YEAS 4 NAYS 1 -SJ 240 |
2/5/2020 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) |
2/6/2020 | Senate |
• CS by Commerce and Tourism read 1st time -SJ 250 |
2/10/2020 | Senate |
• Now in Finance and Tax |
3/14/2020 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Finance and Tax |