Personal property tax; advertising signs. (HB1860)

Introduced By

Del. Bobby Orrock (R-Thornburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Personal property tax; advertising signs. Specifies that outdoor advertising signs are included in the class of tangible personal property used in a trade or business, and requires localities to tax such signs as personal property, not as real property. The bill also prohibits such signs or income generated by such signs to be considered in assessing the value of real property. The bill states that an emergency exists and it is in force from its passage. The bill applies to tax years beginning on or after January 1, 2013. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2013Committee
01/08/2013Prefiled and ordered printed with emergency clause; offered 01/09/13 13101220D
01/08/2013Referred to Committee on Finance
01/14/2013Assigned Finance sub: #2
01/17/2013Impact statement from TAX (HB1860)
01/21/2013Impact statement from DHCD (HB1860)
01/28/2013Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
01/30/2013Reported from Finance with substitute (22-Y 0-N) (see vote tally)
01/30/2013Committee substitute printed 13104416D-H1
02/01/2013Read first time
02/04/2013Read second time
02/04/2013Committee substitute agreed to 13104416D-H1
02/04/2013Engrossed by House - committee substitute HB1860H1
02/05/2013Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/05/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/06/2013Impact statement from TAX (HB1860H1)
02/06/2013Constitutional reading dispensed
02/06/2013Referred to Committee on Finance
02/08/2013Constitutional reading dispensed
02/08/2013Referred to Committee on Finance
02/12/2013Reported from Finance (15-Y 0-N) (see vote tally)
02/13/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/14/2013Read third time
02/14/2013Passed by for the day
02/15/2013Read third time
02/15/2013Passed Senate (40-Y 0-N) (see vote tally)
02/21/2013Enrolled
02/21/2013Bill text as passed House and Senate (HB1860ER)
02/21/2013Impact statement from TAX (HB1860ER)
02/21/2013Signed by Speaker
02/21/2013Signed by President
03/13/2013G Approved by Governor-Chapter 287 (effective 3/13/13)
03/13/2013G Acts of Assembly Chapter text (CHAP0287)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.