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2007 SESSION
SB 1365 Tangible personal property tax relief; repealed on passenger cars, motorcycles, etc.
Introduced by: H. Russell Potts, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Repeal of tangible personal property tax relief. Repeals tangible personal property tax relief on passenger cars, motorcycles, and pickup or panel trucks for tax years beginning on or after January 1, 2009. Under the bill, the annual $950 million currently dedicated for tangible personal property tax relief would be appropriated for transportation purposes.
FULL TEXT
HISTORY
- 01/17/07 Senate: Presented and ordered printed 079202788
- 01/17/07 Senate: Referred to Committee on Finance
- 02/07/07 Senate: Left in Finance