Bills · 2013-2014 Regular Session
Relating to: a property tax exemption for a nonprofit theater located in the city of Madison. (FE)
Legislature — Tax exemptions, joint survey committee on Madison, city of Property tax — Exemption Theater
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, all property owned or leased by a nonprofit theater is
exempt from property taxes if the property includes at least one building that is listed
on the national register of historic places and at least one theater for the performing
arts that has a total seating capacity of at least 800 persons.
Under this bill, all property owned or leased by a nonprofit theater that is
located in the city of Madison, and over 100 years old, is exempt from property taxes
if the theater collaborates with at least three nonprofit theater companies to perform
at least 12 days annually at the theater.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Mar 7, 2013 · Senate
Introduced by Senator Risser; cosponsored by Representative C. Taylor
- Mar 7, 2013 · Senate
Read first time and referred to Committee on Workforce Development, Forestry, Mining, and Revenue
- Mar 26, 2013 · Senate
Fiscal estimate received
- Apr 8, 2014 · Senate
Failed to pass pursuant to Senate Joint Resolution 1