HB 2059
Establishes sunset for construction-in-process exemption from ad valorem property taxation for property located in enterprise zone.
| Status | In House Committee (JCTE) |
| Requested by | (at the request of House Interim Committee on Revenue for Representative Nancy Nathanson) |
| Sponsors | Nancy Nathanson (Democrat) (Chief) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Establishes a sunset date for the construction-in-process exemption from property taxation for property in enterprise zones.
Overview#
Establishes sunset for construction-in-process exemption from ad valorem property taxation for property located in enterprise zone. Takes effect on 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-09 | H | First reading. Referred to Speaker's desk. |
| 2023-01-16 | H | Referred to Tax Expenditures. |
| 2023-06-25 | H | In committee upon adjournment. |