2020 Senate Bill 946

Replace capital equipment tax with on heavy equipment rentals with new rental tax

Introduced in the Senate

June 2, 2020

Introduced by Sen. Peter MacGregor (R-28)

To replace the property tax levied on heavy equipment owned by an equipment rental company with a 2% tax on heavy equipment rentals, to be distributed mostly to local government. House Bills 5778 and 5779 would do the same.

Referred to the Committee on Finance