BILL · 2001–02 SESSION

SB 5775: Property tax

Authorizing taxpayer tax exemptions from and credits against the state property tax.

Summary

  • Declares that each taxpayer is allowed an exemption against property taxes levied for state purposes. The amount of the exemption is equal to fifty thousand dollars of assessed valuation adjusted to the state equalized value in accordance with the indicated ratio fixed by the department of revenue.

From the Bill Digest (SB 5775), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 2, 2001
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jim Hargrove (D-24)
Introduced
February 2, 2001 in the Senate
Last action
January 14, 2002
Budget
Has a fiscal note

AN ACT Relating to authorizing taxpayer tax exemptions from and credits against the state property tax;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Ways & Means.

SB 5775 in other sessions

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

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