Personal property tax; locality may exempt farm machinery and farm implements. (HB1295)
Introduced By
Del. Wendy Gooditis (D-Clarke)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Personal property tax; farm machinery and farm implements. Provides that a locality may exempt from tangible personal property taxes certain farm machinery and farm implements, which shall include (i) freezer and refrigeration equipment for storage and sale of on-farm-produced meat, produce, and grain and (ii) season-extending vegetable hoop houses used for in-field production of produce. Read the Bill »
Status
01/27/2022: Awaiting a Vote in the Finance Committee
History
Date | Action |
---|---|
01/20/2022 | Committee |
01/20/2022 | Presented and ordered printed 22103801D |
01/20/2022 | Referred to Committee on Finance |
01/24/2022 | Impact statement from TAX (HB1295) |
01/27/2022 | Assigned Finance sub: Subcommittee #2 |
01/31/2022 | House subcommittee amendments and substitutes offered |
01/31/2022 | Subcommittee recommends continuing to 2023 |
02/02/2022 | Continued to 2023 in Finance |