BILL · 2005–06 SESSION

SB 6004: Intangible personal property

Authorizing an intangible personal property tax.

Summary

  • Finds that intangible wealth, such as stocks and bonds, represents approximately one-fourth to one-third of all property wealth with a taxable situs in this state.

From the Bill Digest (SB 6004), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 18, 2005
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rosa Franklin (D-29)
Introduced
February 18, 2005 in the Senate
Last action
January 9, 2006
Budget
Has a fiscal note

AN ACT Relating to the taxation of intangible personal property;

Sponsors

Prime sponsor: Rosa Franklin (D-29)

2 co-sponsors (2 Democrats, 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 Ways & Means.

SB 6004 in other sessions

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

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