BILL · 2005–06 SESSION · LATEST VERSION SSB 5972
SB 5972: Manufacture of airplanes
Modifying the business and occupation tax credit for property tax payments related to the manufacture of commercial airplanes.
Summary
- Property taxes paid with respect to newly acquired or constructed real property are eligible only if the building is used exclusively in the manufacturing of airplanes or airplane components. Property taxes paid with respect to newly acquired machinery and equipment are eligible to the extent that the manufacturer conducts aerospace manufacturing activity relative to other manufacturing activity.
From the Senate Bill Report (SB 5972), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedFeb 17, 2005
- Out of committeeMar 7, 2005
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Margarita Prentice (D-11)
- Introduced
- February 17, 2005 in the Senate
- Last action
- January 9, 2006
- Requested by
- State agency
- Companion bill
- HB 2111
- Budget
- Has a fiscal note
- Versions
- SB 5972, SSB 5972
AN ACT Relating to the business and occupation tax credit for property tax payments related to the manufacture of commercial airplanes;
Sponsors
Prime sponsor: Margarita Prentice (D-11)
3 co-sponsors (1 Democrat, 2 Republicans)
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status. (SSB 5972)
- By resolution, reintroduced and retained in present status.
- Referred to Rules. (SSB 5972)
- Senate Rules "X" file. (SSB 5972)
- Senate Rules "X" file.
- Referred to Rules.
- Placed on second reading by Rules Committee. (SSB 5972)
- Placed on second reading by Rules Committee.
- Made eligible to be placed on second reading. (SSB 5972)
- Made eligible to be placed on second reading.
- WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5972)
- Passed to Rules Committee for second reading. (SSB 5972)
- Passed to Rules Committee for second reading.
- WM - Majority; 1st substitute bill be substituted, do pass.
- First reading, referred to Ways & Means.
SB 5972 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5972 (2025–26) Correctional officers/arb.
- SB 5972 (2023–24) Neonicotinoid pesticides
- SB 5972 (2021–22) Wildlife conflict resolution
- SB 5972 (2019–20) Additive trans funding
- SB 5972 (2017–18) Fiscal matters T.O.
- SB 5972 (2015–16) Seeds, agency procurement of
- SB 5972 (2013–14) Forested lands fire damages
- SB 5972 (2011–12) Sales & use tx rate increase