BILL · 1997–98 SESSION

SB 5516: Prop tax/goodwill of busines

Exempting goodwill of businesses from property taxation.

Summary

  • Goodwill of a business is added to the list of intangible property that is exempt from property taxation, effective for taxes levied for collection in 1998 and thereafter.

From the Senate Bill Report (SB 5516), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 1997
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jim Horn (R-41)
Introduced
January 29, 1997 in the Senate
Last action
January 12, 1998
Budget
Has a fiscal note

Sponsors

Prime sponsor: Jim Horn (R-41)

2 co-sponsors (0 Democrats, 2 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5516 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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