BILL · 2015–16 SESSION

SB 6093: Intangible property taxation

Restoring the taxation of intangible property to provide additional funding for public schools.

Summary

  • Establishes the restore school funding through property tax fairness act of 2015. Levies a tax at the rate of one dollar per one hundred dollars of the fair market value of all intangible property owned by an individual resident in this state. Prohibits a county or municipality of this state from levying an ad valorem tax on intangible property.

From the Bill Digest (SB 6093), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedApr 2, 2015
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Maralyn Chase (D-32)
Introduced
April 2, 2015 in the Senate
Last action
March 10, 2016
Budget
Has a fiscal note

AN ACT Relating to restoring the taxation of intangible property to provide additional funding for public schools;

Sponsors

Prime sponsor: Maralyn Chase (D-32)

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. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. First reading, referred to Ways & Means.

SB 6093 in other sessions

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

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