Bill Text | History of Actions | Background | Title |
Description: Ad valorem tax; exempt certain improvements to nonresidential property.
Bill Text: [Introduced]
1 | 02/14/00 | (H) | Referred To Ways and Means | |
2 | 03/29/00 | (H) | Died In Committee |
Effective date | January 1, 2001 | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
House Committee:
Principal Author: Mayo
Title: AN ACT TO AUTHORIZE THE BOARD OF SUPERVISORS OF A COUNTY AND THE GOVERNING AUTHORITY OF A MUNICIPALITY TO EXEMPT FROM AD VALOREM TAXATION ANY STRUCTURE OR IMPROVEMENT BY A BUSINESS ENTERPRISE OR INDUSTRY WHICH QUALIFIES UNDER CRITERIA ESTABLISHED JOINTLY BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT AND THE APPLICABLE BOARD OR GOVERNING AUTHORITY; TO PROVIDE THAT THE LENGTH OF THE EXEMPTION SHALL NOT EXCEED FIVE YEARS; TO PROVIDE THAT THE GRANTING OF ANY INDIVIDUAL EXEMPTION SHALL BE BY OFFICIAL ACTION OF THE BOARD OR GOVERNING AUTHORITY; AND FOR RELATED PURPOSES.
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2000/html/History/HB/HB0949.htm