Personal property tax; advertising signs. (SB1236)
Introduced By
Sen. John Watkins (R-Midlothian)
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
Date | Action |
---|---|
01/08/2013 | Prefiled and ordered printed with emergency clause; offered 01/09/13 13101715D |
01/08/2013 | Referred to Committee on Finance |
01/17/2013 | Impact statement from TAX (SB1236) |
01/23/2013 | Reported from Finance with substitute (14-Y 0-N) (see vote tally) |
01/23/2013 | Committee substitute printed 13104422D-S1 |
01/24/2013 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
01/25/2013 | Read second time |
01/25/2013 | Reading of substitute waived |
01/25/2013 | Committee substitute agreed to 13104422D-S1 |
01/25/2013 | Engrossed by Senate - committee substitute SB1236S1 |
01/28/2013 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/01/2013 | Impact statement from TAX (SB1236S1) |
02/02/2013 | Placed on Calendar |
02/02/2013 | Read first time |
02/02/2013 | Referred to Committee on Finance |
02/04/2013 | Assigned Finance sub: #2 |
02/06/2013 | Subcommittee recommends reporting (8-Y 0-N) |
02/11/2013 | Reported from Finance (21-Y 0-N) (see vote tally) |
02/12/2013 | Read second time |
02/13/2013 | Read third time |
02/13/2013 | Passed House BLOCK VOTE (100-Y 0-N) |
02/13/2013 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
02/19/2013 | Enrolled |
02/19/2013 | Bill text as passed Senate and House (SB1236ER) |
02/19/2013 | Signed by Speaker |
02/20/2013 | Signed by President |
02/21/2013 | Impact statement from TAX (SB1236ER) |
03/20/2013 | G Approved by Governor-Chapter 652 (effective 3/20/13) |
03/20/2013 | G Acts of Assembly Chapter text (CHAP0652) |