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Bills · 2019-2020 Regular Session

SB 257

Died at session end Official bill text Atom feed

Relating to: eliminating the personal property tax and making an appropriation. (FE)

Administration department of — Budget and fiscal issues Legislature — Tax exemptions joint survey committee on Property tax School — State aid Shared revenue

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, beginning with the property tax assessments as of January

1, 2018, machinery, tools, and patterns, not including such items used in

manufacturing, are exempt from the personal property tax. However, beginning in

2019, the state will pay each taxing jurisdiction an amount equal to the property

taxes levied on such items of personal property for the property tax assessments as

of January 1, 2017.

Under the bill, beginning with the property tax assessments as of January 1,

2020, no items of personal property will be subject to the property tax. Beginning in

2021, the state will pay each taxing jurisdiction an additional amount equal to the

property taxes levied on the items made exempt under the bill for the property tax

assessments as of January 1, 2019. Beginning in 2022, each taxing jurisdiction will

receive a payment to compensate it for its loss in personal property revenue equal

to the payment it received in the previous year.

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

Introduced by: Craig (R) , Feyen (R) , Jacque (R) , Kapenga (R) , LeMahieu (R) , Marklein (R) , Nass (R) , Stroebel (R) , Testin (R) , Tiffany (R) , Wanggaard (R)

51 cosponsors

Allen (R) , August (R) , Born (R) , Brandtjen (R) , Brooks (R) , Dittrich (R) , Duchow (R) , Edming (R) , Felzkowski (R) , Gundrum (R) , Horlacher (R) , Hutton (R) , Jagler (R) , James (R) , Kitchens (R) , Knodl (R) , Kuglitsch (R) , Kulp (R) , Kurtz (R) , Macco (R) , Magnafici (R) , Murphy (R) , Mursau (R) , Neylon (R) , Novak (R) , Oldenburg (R) , Ott (R) , Petersen (R) , Plumer (R) , Pronschinske (R) , Quinn (R) , Ramthun (R) , Sanfelippo (R) , Schraa (R) , Skowronski (R) , Snyder (R) , Sortwell (R) , Stafsholt (R) , Steffen (R) , Steineke (R) , Summerfield (R) , Swearingen (R) , Tauchen (R) , Thiesfeldt (R) , Tittl (R) , Tusler (R) , VanderMeer (R) , Vorpagel (R) , Wichgers (R) , Wittke (R) , Zimmerman (R)

Full history

  1. Jun 6, 2019 · Senate

    Introduced by Senators Stroebel, Marklein, LeMahieu, Craig, Feyen, Jacque, Kapenga, Nass, Testin, Tiffany and Wanggaard; cosponsored by Representatives Knodl, Kulp, Allen, August, Born, Brandtjen, Brooks, Dittrich, Duchow, Edming, Felzkowski, Gundrum, Horlacher, Hutton, James, Kitchens, Kuglitsch, Kurtz, Macco, Magnafici, Murphy, Mursau, Neylon, Novak, Oldenburg, Ott, Petersen, Plumer, Pronschinske, Quinn, Ramthun, Sanfelippo, Schraa, Skowronski, Snyder, Sortwell, Stafsholt, Steffen, Steineke, Summerfield, Swearingen, Tauchen, Thiesfeldt, Tittl, Tusler, VanderMeer, Vorpagel, Wichgers, Wittke, Zimmerman and Jagler

  2. Jun 6, 2019 · Senate

    Read first time and referred to Committee on Agriculture, Revenue and Financial Institutions

  3. Jun 25, 2019 · Senate

    Fiscal estimate received

  4. Apr 1, 2020 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1