BILL · 2013–14 SESSION

SB 5043: Proprty tx exemp/intangibles

Narrowing the property tax exemption for intangibles.

Summary

Certain intangible personal property assessed at over $1 million is taxable, including: certificates of deposit; state, county, and municipal bonds and warrants; bonds and warrants of other taxing districts, the United States, and of foreign countries or political subdivisions thereof; and the bonds, stocks, or shares of private corporations. The first $1 million of assessed value remains exempt.

From the Senate Bill Report (Orig.) (SB 5043), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to narrowing the property tax exemption for intangibles;

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

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

SB 5043 (2025–26) PTSD/correctional workers · Did not pass · died in committee
SB 5043 (2023–24) Power plant long-term policy · Did not pass · died in committee
SB 5043 (2021–22) School employee housing · Did not pass · passed Senate, stalled in House
SB 5043 (2019–20) RTA tax nullification · Did not pass · died in committee
SB 5043 (2017–18) Payment of debts · Did not pass · died in committee
SB 5043 (2015–16) Small business assistance · Did not pass · died in committee
SB 5043 (2011–12) Child fatality review · Did not pass · stalled on the Senate floor
SB 5043 (2009–10) Student college info portal · Enacted · Chapter 23, Laws of 2009