Short-term rental property; definition/removes daily rental property defin. from merchants' capital. (HB2472)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Merchants' capital tax. Deems rented merchants' capital under contracts giving both the lessor and the lessee the right to terminate at any time to be daily rental property. Under current law, persons engaged in the short-term rental business cannot be taxed in an amount that exceeds one percent of the gross proceeds from daily rental property. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/14/2009 | Committee |
01/14/2009 | Prefiled and ordered printed; offered 01/14/09 091264548 |
01/14/2009 | Referred to Committee on Finance |
01/20/2009 | Assigned Finance sub: 2 |
01/25/2009 | Impact statement from TAX (HB2472) |
01/28/2009 | Subcommittee recommends reporting |
02/02/2009 | Reported from Finance (22-Y 0-N) (see vote tally) |
02/03/2009 | Read first time |
02/04/2009 | Read second time and engrossed |
02/05/2009 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/05/2009 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/06/2009 | Constitutional reading dispensed |
02/06/2009 | Referred to Committee on Finance |
02/06/2009 | Impact statement from TAX (HB2472) |
02/17/2009 | Committee substitute printed 096033212-S1 |
02/17/2009 | Reported from Finance with substitute (16-Y 0-N) (see vote tally) |
02/18/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/19/2009 | Read third time |
02/19/2009 | Reading of substitute waived |
02/19/2009 | Committee substitute agreed to 096033212-S1 |
02/19/2009 | Engrossed by Senate as amended HB2472S1 |
02/19/2009 | Passed Senate with substitute (40-Y 0-N) (see vote tally) |
02/20/2009 | Placed on Calendar |
02/23/2009 | Passed by for the day |
02/24/2009 | Senate substitute agreed to by House 096033212-S1 (98-Y 0-N) |
02/24/2009 | VOTE: --- ADOPTION (98-Y 0-N) (see vote tally) |
02/28/2009 | Enrolled |
02/28/2009 | Bill text as passed House and Senate (HB2472ER) |
02/28/2009 | Signed by Speaker |
02/28/2009 | Signed by President |
03/06/2009 | Impact statement from TAX (HB2472ER) |
03/27/2009 | G Approved by Governor-Chapter 480 (effective 7/1/09) |
03/27/2009 | G Approved by Governor-Chapter 480 (effective 1/1/09) |
03/27/2009 | G Acts of Assembly Chapter text (CHAP0480) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 1 minute.