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SB17-302

Clarify Property Tax Exemption Silvicultural Equipment

Type Bill
Session 2017 Regular Session
Subjects
Agriculture Fiscal Policy & Taxes

Concerning a clarification of the exemption from property tax of silvicultural equipment.

Bill Summary:

Current law exempts 'agricultural and livestock products' from the levy and collection of property tax and defines 'agriculture', for purposes of applying the exemption, to include silviculture. Current law also exempts 'agricultural equipment which is used on the farm or ranch in the production of agricultural products' from the levy and collection of property tax.

The bill repeals the current exemption and instead clarifies that agricultural equipment includes silviculture personal property that is designed, adapted, and used for the planting, growing, maintenance, or harvesting of trees in a raw or unprocessed state.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/02/2017 Signed Act PDF
05/18/2017 Final Act PDF
05/09/2017 Rerevised PDF
05/08/2017 Revised PDF
05/05/2017 Reengrossed PDF
05/04/2017 Engrossed PDF
04/26/2017 Introduced PDF
Date Version Documents
05/01/2017 FN1 PDF
Activity Vote Documents
Refer Senate Bill 17-302 to the Committee of the Whole. The motion passed on a vote of 11-1. Vote summary
Activity Vote Documents
Refer Senate Bill 17-302 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 4-0. Vote summary
Date Calendar Motion Vote Vote Document
05/09/2017 Third Reading BILL
58
AYE
7
NO
0
OTHER
Vote record
Date Calendar Motion Vote Vote Document
05/05/2017 Third Reading BILL
33
AYE
2
NO
0
OTHER
Vote record
Date Location Action
06/02/2017 Governor Governor Signed
05/18/2017 Governor Sent to the Governor
05/18/2017 House Signed by the Speaker of the House
05/18/2017 Senate Signed by the President of the Senate
05/09/2017 House House Third Reading Passed - No Amendments
05/08/2017 House House Second Reading Special Order - Passed - No Amendments
05/08/2017 House House Committee on Finance Refer Unamended to House Committee of the Whole
05/05/2017 House Introduced In House - Assigned to Finance
05/05/2017 Senate Senate Third Reading Passed - No Amendments
05/04/2017 Senate Senate Second Reading Passed - No Amendments
05/02/2017 Senate Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/26/2017 Senate Introduced In Senate - Assigned to Finance
Effective Date Chapter # Title Documents
06/02/2017 311 Clarify Property Tax Exemption Silvicultural Equip PDF