Personal Property Tax - Exemptions for Low Assessment - Alteration
Altering exemptions from the personal property tax for business personal property that has a total original cost below $20,000 by repealing provisions of law that prohibit the State Department of Assessments and Taxation from collecting information or requiring the submission of a personal property tax return from certain businesses that qualify for the exemptions; and applying the Act to all taxable years beginning after June 30, 2026.
1 bill selected
Basic Information
- Status
- Chaptered
- Session
- 2026 Regular Session
- Type
- Unknown
- Cross-filed
- SB0137
Links
- State Link
- View on State Website
- LegiScan URL
- View on LegiScan
Upcoming Events
Hearing
January 27, 2026
at 14:00
📍 Ways and Means
Hearing - Ways and Means Committee
Hearing
January 27, 2026
at 13:00
📍 Ways and Means
Hearing - Ways and Means Committee
Sponsors
Chair, Ways and Means Committee
Assessments and Taxation
Departmental