2016 Regular Session
Overview
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): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |