BILL · 2017–18 SESSION

SB 5112: Tax preferences

Investing in education and other vital public services by narrowing or eliminating tax preferences, making administrative revenue changes, and redirecting existing revenue sources.

Summary

  • Invests in education and other vital public services by: (1) Narrowing the use tax exemption for extracted fuel; (2) Modifying the nonresident sales and use tax exemption; (3) Eliminating the sales and use tax exemption for bottled water; and (4) Addressing the real estate excise tax on foreclosures; the limit trade-in exclusion; the business license fee; the interest rate on assessments and refunds; trust fund…

From the Bill Digest (SB 5112), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2017
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
John Braun (R-20)
Introduced
January 12, 2017 in the Senate
Last action
January 8, 2018
Requested by
State agency
Companion bill
HB 1549
Budget
Has a fiscal note

AN ACT Relating to investing in education and other vital public services by narrowing or eliminating tax preferences, making administrative revenue changes, and redirecting existing revenue sources;

Sponsors

Prime sponsor: John Braun (R-20)

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. 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. First reading, referred to Ways & Means.

SB 5112 in other sessions

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

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