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2010 SESSION

• | print version

SB 355 Short-term rental property; shall classify as a separate classification of merchants' capital.

Introduced by: Mark D. Obenshain | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Local taxation of short-term rental property. Classifies short-term rental property as a separate classification of merchants’ capital, and would authorize the governing body of any locality to tax short-term rental property under the merchants’ capital tax or under the short-term rental property tax, but not both. The bill also declares that short-term rental property does not constitute tangible personal property for purposes of local taxation.  The bill is effective for tax years beginning on and after January 1, 2010.

FULL TEXT

• 01/12/10  Senate: Prefiled and ordered printed; offered 01/13/10 10103844D  pdf | impact statements
• 02/03/10  Senate: Committee substitute printed 10105019D-S1  pdf | impact statement
• 03/11/10  Senate: Bill text as passed Senate and House (SB355ER)  pdf | impact statement
• 04/08/10  Governor: Acts of Assembly Chapter text (CHAP0255)  pdf

HISTORY

• 01/12/10  Senate: Prefiled and ordered printed; offered 01/13/10 10103844D
• 01/12/10  Senate: Referred to Committee on Finance
• 02/03/10  Senate: Committee substitute printed 10105019D-S1
• 02/03/10  Senate: Reported from Finance with substitute (15-Y 0-N)
• 02/04/10  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/08/10  Senate: Read second time
• 02/08/10  Senate: Reading of substitute waived
• 02/08/10  Senate: Committee substitute agreed to 10105019D-S1
• 02/08/10  Senate: Engrossed by Senate - committee substitute SB355S1
• 02/09/10  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/16/10  House: Placed on Calendar
• 02/16/10  House: Read first time
• 02/16/10  House: Referred to Committee on Finance
• 02/17/10  House: Assigned Finance sub: #1
• 02/24/10  House: Subcommittee recommends reporting (10-Y 0-N)
• 03/01/10  House: Reported from Finance (22-Y 0-N)
• 03/02/10  House: Read second time
• 03/03/10  House: Read third time
• 03/03/10  House: Passed House BLOCK VOTE (99-Y 0-N)
• 03/03/10  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 03/11/10  Senate: Enrolled
• 03/11/10  Senate: Bill text as passed Senate and House (SB355ER)
• 03/11/10  House: Signed by Speaker
• 03/13/10  Senate: Signed by President
• 04/08/10  Governor: Approved by Governor-Chapter 255 (effective 1/1/10)
• 04/08/10  Governor: Acts of Assembly Chapter text (CHAP0255)