BILL · 2005–06 SESSION

HB 1973: Nonprofit prprty tx exemptn

Providing a property tax exemption for nonprofit organizations that assist small businesses.

Summary

  • Provides a property exemption for real and personal property used by a qualified nonprofit organization so long as the property is used to assist startup and expanding businesses and entrepreneurs.

From the House Bill Analysis (HB 1973), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 14, 2005
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Brian Sullivan (D-21)
Introduced
February 14, 2005 in the House
Last action
January 9, 2006
Companion bill
SB 5756
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

Prime sponsor: Brian Sullivan (D-21)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Economic Development, Agriculture & Trade.

HB 1973 in other sessions

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

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