BILL · 2003–04 SESSION

SB 6628: Nonprofit orgs property tax

Providing a property tax exemption for nonprofits that assist small businesses.

Summary

  • A tax exemption is provided for real and personal property of those nonprofit organizations using the property to either: (1) assist startup and expanding businesses by providing education, training and employment of economically disadvantaged people; or (2) to provide shared equipment and work areas as well as technical assistance to entrepreneurs.

From the Senate Bill Report (SB 6628), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 27, 2004
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-35)
Introduced
January 27, 2004 in the Senate
Last action
February 5, 2004
Companion bill
HB 2783
Budget
Has a fiscal note

AN ACT Relating to property tax exemptions for nonprofit organizations for small business incubators which assist in the creation and expansion of innovative small commercial enterprises;

Sponsors

Votes

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

History

  1. Referred to Ways & Means.
  2. Minority; do not pass.
  3. And refer to Ways & Means.
  4. EC - Majority; do pass.
  5. First reading, referred to Economic Development.

SB 6628 in other sessions

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

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