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2019 SESSION
HB 2440 Intangible personal property; classification and exemption of certain business property.
Introduced by: Ronnie R. Campbell | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Intangible personal property; classification and exemption of certain business property. Classifies as intangible property, and exempts from taxation, personal property that is employed in a trade or business, has an original cost of less than $25, and is not classified as machinery and tools, merchants' capital, or short-term rental property.
FULL TEXT
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19100585D pdf | impact statements
- 02/19/19 House: Bill text as passed House and Senate (HB2440ER) pdf | impact statement
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0255) pdf
HISTORY
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19100585D
- 01/08/19 House: Referred to Committee on Finance
- 01/18/19 House: Assigned Finance sub: Subcommittee #2
- 01/23/19 House: Subcommittee recommends reporting (6-Y 0-N)
- 01/30/19 House: Reported from Finance (19-Y 1-N)
- 02/01/19 House: Read first time
- 02/04/19 House: Read second time and engrossed
- 02/05/19 House: Read third time and passed House (97-Y 1-N)
- 02/05/19 House: VOTE: PASSAGE (97-Y 1-N)
- 02/06/19 Senate: Constitutional reading dispensed
- 02/06/19 Senate: Referred to Committee on Finance
- 02/12/19 Senate: Reported from Finance (16-Y 0-N)
- 02/13/19 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/14/19 Senate: Read third time
- 02/14/19 Senate: Passed Senate (40-Y 0-N)
- 02/19/19 House: Enrolled
- 02/19/19 House: Bill text as passed House and Senate (HB2440ER)
- 02/19/19 House: Signed by Speaker
- 02/20/19 Senate: Signed by President
- 02/21/19 House: Enrolled Bill communicated to Governor on February 21, 2019
- 02/21/19 Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/08/19 Governor: Approved by Governor-Chapter 255 (effective 7/1/19)
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0255)