Bills › 2021–22 › SB 5901
BILL · 2021–22 SESSION · LATEST VERSION ESB 5901
SB 5901: Economic dev. tax incentives
Concerning economic development tax incentives for targeted counties.
Summary
Creates a manufacturing and research and development sales and use tax incentive program for targeted counties. Expands the warehouse sales and use tax exemption to include warehouses over 100,000 square feet in targeted counties. Caps the maximum amount of sales and use tax that may be exempted for the construction or expansion of any warehouse or grain elevator at $400,000 . Expires the warehouse sales and use tax exemption on July 1, 2032. Requires the Joint Legislative Audit and Review Committee to evaluate the effectiveness of the changes in the warehouse sales and use tax exemption in diversifying the tax base and increasing employment within targeted counties.
From the Engrossed Senate Bill Report (ESB 5901), written by the Legislature's nonpartisan staff. Read the full report ↗
Enacted (partial veto) Enacted with partial veto · Chapter 257, Laws of 2022
IntroducedJan 19, 2022
Out of committeeFeb 28, 2022
Passed SenateMar 4, 2022
Passed HouseMar 9, 2022
Partly vetoedMar 31, 2022
LawMar 31, 2022
Introduced January 19, 2022 in the Senate
Last action March 31, 2022
Session law Chapter 257, Laws of 2022
Budget Has a fiscal note
Sponsors (6)
Votes (3)
History (30)
Official bill page & text ↗
AN ACT Relating to economic development tax incentives for targeted counties;
Votes
Senate · 3rd Reading & Final Passage
Passed March 4, 2022
Version voted on: ESB 5901
46 Yea
0 Nay
0 Absent
3 Excused
Party Yea Nay Absent Excused
Democrat 26 0 0 3
Republican 20 0 0 0
How each member voted
House · Final Passage as Amended by the House
Passed March 9, 2022
Version voted on: ESB 5901
69 Yea
28 Nay
0 Absent
1 Excused
Party Yea Nay Absent Excused
Democrat 57 0 0 0
Republican 12 28 0 1
How each member voted
Senate · Final Passage as Amended by the House
Passed March 10, 2022
Version voted on: ESB 5901
36 Yea
12 Nay
0 Absent
1 Excused
Party Yea Nay Absent Excused
Democrat 28 0 0 1
Republican 8 12 0 0
How each member voted
History
Mar 31, 2022 Effective date 7/1/2022. (ESB 5901)
Mar 31, 2022 Chapter 257, 2022 Laws PV. (ESB 5901)
Mar 31, 2022 Governor partially vetoed. (ESB 5901)
Mar 11, 2022 Delivered to Governor. (ESB 5901)
Mar 10, 2022 Speaker signed. (ESB 5901)
Mar 10, 2022 President signed. (ESB 5901)
Mar 10, 2022 Passed final passage; yeas, 36; nays, 12; absent, 0; excused, 1. (ESB 5901)
Mar 10, 2022 Senate concurred in House amendments. (ESB 5901)
Mar 9, 2022 Third reading, passed; yeas, 69; nays, 28; absent, 0; excused, 1. (ESB 5901)
Mar 9, 2022 Rules suspended. Placed on Third Reading. (ESB 5901)
Mar 9, 2022 Committee amendment(s) adopted with no other amendments. (ESB 5901)
Mar 9, 2022 Rules Committee relieved of further consideration. Placed on second reading. (ESB 5901)
Mar 9, 2022 Rules Committee relieved of further consideration. Placed on second reading. (ESB 5901)
Mar 8, 2022 FIN - Executive action taken by committee. (ESB 5901)
Mar 8, 2022 Minority; without recommendation. (ESB 5901)
Mar 8, 2022 Minority; do not pass. (ESB 5901)
Mar 8, 2022 FIN - Majority; do pass with amendment(s). (ESB 5901)
Mar 8, 2022 Referred to Rules 2 Review. (ESB 5901)
Mar 4, 2022 Third reading, passed; yeas, 46; nays, 0; absent, 0; excused, 3. (ESB 5901)
Mar 4, 2022 Rules suspended. Placed on Third Reading. (ESB 5901)
Mar 4, 2022 Floor amendment(s) adopted. (ESB 5901)
Mar 4, 2022 First reading, referred to Finance. (ESB 5901)
Mar 2, 2022 Placed on second reading by Rules Committee. (ESB 5901)
Feb 28, 2022 Passed to Rules Committee for second reading. (ESB 5901)
Feb 28, 2022 WM - Majority; do pass. (ESB 5901)
Feb 2, 2022 Referred to Ways & Means. (ESB 5901)
Feb 1, 2022 And refer to Ways & Means. (ESB 5901)
Feb 1, 2022 Minority; without recommendation. (ESB 5901)
Feb 1, 2022 BFST - Majority; do pass. (ESB 5901)
Jan 19, 2022 First reading, referred to Business, Financial Services & Trade. (ESB 5901)
SB 5901 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
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