BILL · 2017–18 SESSION

SB 5204: Industries prop. tax exempt.

Modifying a property tax exemption for industrial and manufacturing industries in targeted areas.

Summary

  • Adjusts the industrial/manufacturing facility property tax exemption.
  • Expands the exemption to apply in any city or county urban growth area.
  • Reduces the size of qualifying construction from 10,000 square feet to 2,500 square feet.
  • Qualifies renovations of existing buildings.

From the Senate Bill Report (Orig.) (SB 5204), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2017
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Joe Fain (R-47)
Introduced
January 16, 2017 in the Senate
Last action
January 8, 2018
Budget
Has a fiscal note

AN ACT Relating to modifying a property tax exemption for industrial and manufacturing industries in targeted areas;

Sponsors

Prime sponsor: Joe Fain (R-47)

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 5204 in other sessions

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

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