Introduced
by
To earmark $75 million in annual state revenue to pay for the proposal in Senate Bill 1061 to reimburse local governments for revenue reductions they experience due to past reforms in a “personal property tax” law. This refers to a property tax local governments may levy on business tools and equipment.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Tax Policy
