Tax Exemptions
Summary
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.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2020
Last action Mar 14, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
2
Committee
3
Feb 5, 2020
Upper · Passed
Pending reference review under Rule 4.7(2) - (Committee Substitute)
upper
Jan 30, 2020
Upper · Passed
On Committee agenda-- Commerce and Tourism, 02/04/20, 9:00 am, 110 Senate Building
upper
Jan 22, 2020
Introduced
Introduced
upper
Jan 17, 2020
Committee
Referred to Commerce and Tourism; Finance and Tax; Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Gruters
RRepublican
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