BILL · 2005–06 SESSION
SB 5026: Property tax abatement
Modifying tax abatement provisions.
Summary
- Property that is destroyed and property reduced in value by 20 percent by a natural disaster after the assessment date may receive tax reductions during the year in which the destruction or damage occurred. The amount of the tax reduction is proportional to the time remaining in the year after the destruction or damage occurs.
From the Senate Bill Report (SB 5026), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedJan 10, 2005
- Out of committeeFeb 28, 2005
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Debbie Regala (D-27)
- Introduced
- January 10, 2005 in the Senate
- Last action
- February 24, 2006
- Companion bill
- HB 1502
- Budget
- Has a fiscal note
AN ACT Relating to tax abatements for property damaged or destroyed by natural disasters;
Sponsors
Prime sponsor: Debbie Regala (D-27)
3 co-sponsors (1 Democrat, 2 Republicans)
Votes
No recorded floor votes.
History
- Senate Rules "X" file.
- By resolution, reintroduced and retained in present status.
- Referred to Rules.
- Placed on second reading by Rules Committee.
- Made eligible to be placed on second reading.
- Passed to Rules Committee for second reading.
- WM - Majority; do pass.
- First reading, referred to Ways & Means.
- Prefiled for introduction.
SB 5026 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5026 (2025–26) Motor vehicle sales tax
- SB 5026 (2023–24) Insurance producer education
- SB 5026 (2021–22) Cargo handling equipment
- SB 5026 (2019–20) Parcel & planning boundaries
- SB 5026 (2017–18) Freight deliverers
- SB 5026 (2015–16) Reproductive health care
- SB 5026 (2013–14) Elem. student peer mentoring
- SB 5026 (2011–12) "Farm vehicle" definition