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Bills · 2023-2024 Regular Session

AB 2

Died at session end Official bill text Atom feed

Relating to: eliminating the personal property tax. (FE)

Legislature — Tax exemptions joint survey committee on Property tax Shared revenue

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, 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 those items used in

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

2019, the state pays each taxing jurisdiction an amount equal to the property taxes

levied on those 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,

2023, no items of personal property will be subject to the property tax.

The bill also makes a number of technical changes related to the repeal of the

personal property tax, such as providing a process whereby manufacturing

establishments located in this state that do not own real property in this state may

continue to claim the manufacturing income tax credit.

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: Allen (R) , Armstrong (R) , Binsfeld (R) , Bodden (R) , Brandtjen (R) , Brooks (R) , Callahan (R) , Dittrich (R) , Donovan (R) , Duchow (R) , Edming (R) , Goeben (R) , Green (R) , Gundrum (R) , Gustafson (R) , Kitchens (R) , Knodl (R) , Magnafici (R) , Maxey (R) , Michalski (R) , Moses (R) , Murphy (R) , Mursau (R) , Nedweski (R) , Neylon (R) , Novak (R) , O'Connor (R) , Oldenburg (R) , Penterman (R) , Plumer (R) , Rettinger (R) , Rozar (R) , S. Johnson (R) , Sapik (R) , Schraa (R) , Snyder (R) , Sortwell (R) , Steffen (R) , Summerfield (R) , Swearingen (R) , Tittl (R) , Tranel (R) , Tusler (R) , VanderMeer (R) , Wichgers (R) , Zimmerman (R)

15 cosponsors

Bradley (R) , Cabral-Guevara (R) , Feyen (R) , Hutton (R) , Jacque (R) , James (R) , LeMahieu (R) , Nass (R) , Quinn (R) , Stafsholt (R) , Stroebel (R) , Testin (R) , Tomczyk (R) , Wanggaard (R) , Wimberger (R)

Votes

Assembly: Report Assembly Substitute Amendment 2 adoption recommended by Committee on Ways and Means, Ayes 7, Noes 3

Passed 7–3 Jun 15, 2023 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report passage as amended recommended by Committee on Ways and Means, Ayes 7, Noes 3

Passed 7–3 Jun 15, 2023 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Feb 6, 2023 · Assembly

    Introduced by Representatives Knodl, Armstrong, Moses, Allen, Bodden, Brandtjen, Brooks, Callahan, Dittrich, Donovan, Duchow, Edming, Goeben, Green, Gundrum, Gustafson, S. Johnson, Kitchens, Magnafici, Maxey, Murphy, Mursau, Nedweski, Neylon, Novak, O'Connor, Oldenburg, Penterman, Plumer, Rettinger, Rozar, Sapik, Schraa, Snyder, Sortwell, Steffen, Summerfield, Tittl, Tranel, Tusler, VanderMeer, Wichgers, Zimmerman, Swearingen, Binsfeld and Michalski; cosponsored by Senators Stroebel, Testin, Jacque, Bradley, Cabral-Guevara, Feyen, Hutton, James, LeMahieu, Nass, Quinn, Tomczyk, Wanggaard and Wimberger

  2. Feb 6, 2023 · Assembly

    Read first time and referred to Committee on Ways and Means

  3. Feb 16, 2023 · Assembly

    Fiscal estimate received

  4. Feb 16, 2023 · Assembly

    Senator Stafsholt added as a cosponsor

  5. Apr 25, 2023 · Assembly

    Assembly Substitute Amendment 1 offered by Representatives Macco and Knodl

  6. May 2, 2023 · Assembly

    Assembly Amendment 1 to Assembly Substitute Amendment 1 offered by Representatives Macco and Knodl

  7. May 4, 2023 · Assembly

    Fiscal estimate received

  8. Jun 8, 2023 · Assembly

    Public hearing held

  9. Jun 15, 2023 · Assembly

    Report Assembly Substitute Amendment 2 adoption recommended by Committee on Ways and Means, Ayes 7, Noes 3

  10. Jun 15, 2023 · Assembly

    Report passage as amended recommended by Committee on Ways and Means, Ayes 7, Noes 3

  11. Jun 15, 2023 · Assembly

    Referred to committee on Rules

  12. Jun 15, 2023 · Assembly

    Placed on calendar 6-21-2023 by Committee on Rules

  13. Jun 15, 2023 · Assembly

    Assembly Substitute Amendment 2 offered by Representative Macco

  14. Jun 15, 2023 · Assembly

    Executive action taken

  15. Apr 15, 2024 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1