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2005 SESSION

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SJ 405 Constitutional amendment (first resolution); property exempt from taxation. 

Introduced by: J. Brandon Bell, II | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Constitutional amendment (first resolution); property exempt from taxation. Authorizes the General Assembly to enact legislation that will permit localities to provide an exemption from tangible personal property taxation up to the first $20,000 of fair market value for passenger cars, motorcycles, and pickup or panel trucks that are owned or leased by a natural person and used for nonbusiness purposes.

FULL TEXT

• 01/13/05  Senate: Presented & ordered printed 052957700  pdf

HISTORY

• 01/13/05  Senate: Presented & ordered printed 052957700
• 01/13/05  Senate: Referred to Committee on Privileges and Elections
• 02/01/05  Senate: Rereferred from P.& E. (15-Y 0-N)
• 02/01/05  Senate: Rereferred to Finance
• 02/08/05  Senate: Left in Finance