TAX EXEMPTION FOR NEW CAPITAL INVESTMENTS – Amends existing law to revise definitions and to provide application to operating property for the tax exemption for new capital investments.

Law without signature – March 20, 2018 Session Law Chapter 151 Effective: 07/01/2018

Delivered to Governor at 3:15 p.m. on March 14, 2018

Returned Signed by the President; Ordered Transmitted to Governor

Signed by President; returned to House

Received from the House enrolled/signed by Speaker

Reported Enrolled; Signed by Speaker; Transmitted to Senate

Read third time in full – PASSED - 30-1-4AYES – Agenbroad, Anthon, Bayer, Brackett, Buckner-Webb, Crabtree, Den Hartog, Foreman, Guthrie, Harris, Heider, Hill, Johnson, Jordan, Lakey, Lee, Lodge, Martin, Mortimer, Nye, Patrick, Potts, Rice, Siddoway, Souza, Stennett, Thayn, Vick, Ward-Engelking, WinderNAYS – BurgoyneAbsent and excused – Bair, Hagedorn, Keough, NoniniFloor Sponsor - RiceTitle apvd - to House

Read second time; filed for Third Reading

Received from the House passed; filed for first reading

Read Third Time in Full – PASSED - 62-5-2AYES – Amador, Anderson, Anderst, Armstrong, Barbieri, Bell, Blanksma, Burtenshaw, Chaney, Cheatham, Collins, Crane, Dayley, DeMordaunt, Dixon, Ehardt, Erpelding, Gestrin, Gibbs, Giddings, Hanks, Harris, Hartgen, Holtzclaw, Horman, Kauffman, Kerby, Kingsley, Kloc(Tway), Luker, Malek, Manwaring, McCrostie, McDonald, Mendive, Miller, Monks, Moon, Moyle, Nate, Packer, Palmer, Perry, Raybould, Redman, Rubel, Scott, Shepherd, Smith, Stevenson, Syme, Thomps

Read second time; Filed for Third Reading