Schuyler VanValkenburg
- Democratic
- Senator
- District 16
Primary
Tangible personal property tax; classification; certain vehicles. Removes the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, motor vehicles for use by the handicapped, motorcycles, mopeds, all-terrain vehicles, off-road motorcycles, campers, and other recreational vehicles. Under current law, such authorization is limited to taxable years 2022 through 2024. This bill is identical to HB 1502.
Tangible personal property tax; classification; certain vehicles. Extends from January 1, 2025, to January 1, 2027, the sunset on authorization for localities to assign a rate of tax or assessment different from the general tangible personal property rate on certain automobiles, trucks, motor vehicles for use by the handicapped, motorcycles, mopeds, all-terrain vehicles, off-road motorcycles, campers, and other recreational vehicles. Under current law, such authorization is limited to taxable years 2022 through 2024.
Tangible personal property tax; classification;certain vehicles. Removes the sunset on authorization for localitiesto assign a rate of tax or assessment different from the generaltangible personal property rate on certain automobiles, trucks, motorvehicles for use by the handicapped, motorcycles, mopeds, all-terrainvehicles, off-road motorcycles, campers, and other recreational vehicles.Under current law, such authorization is limited to taxable years2022 through 2024.
Approved by Governor-Chapter 665 (effective 7/1/24 - see bill)
Acts of Assembly Chapter text (CHAP0665)
Impact statement from TAX (SB194ER)
Governor's Action Deadline 11:59 p.m., April 8, 2024
Enrolled Bill Communicated to Governor on March 11, 2024
Signed by President
Enrolled
Signed by Speaker
Bill text as passed Senate and House (SB194ER)
VOTE: Adoption (100-Y 0-N)
Conference report agreed to by Senate (39-Y 0-N)
Conference report agreed to by House (100-Y 0-N)
Amended by conference committee
Delegates: Willett, Hernandez, Orrock
Conferees appointed by House
Senate acceded to request (40-Y 0-N)
Senators: VanValkenburg, Deeds, McDougle
Conferees appointed by Senate
House requested conference committee
House insisted on substitute
House substitute rejected by Senate (0-Y 40-N)
Passed House with substitute BLOCK VOTE (99-Y 0-N)
Read third time
Committee substitute agreed to 24107712D-H1
Engrossed by House - committee substitute SB194H1
VOTE: Block Vote Passage (99-Y 0-N)
Read second time
Reported from Finance with substitute (22-Y 0-N)
Committee substitute printed 24107712D-H1
House committee, floor amendments and substitutes offered
Placed on Calendar
Impact statement from TAX (SB194E)
Referred to Committee on Finance
Read first time
Read third time and passed Senate (38-Y 0-N)
Read second time
Printed as engrossed 24102903D-E
Engrossed by Senate as amended SB194E
Committee amendments agreed to
Reading of amendments waived
Constitutional reading dispensed (40-Y 0-N)
Senate committee, floor amendments and substitutes offered
Reported from Finance and Appropriations with amendments (14-Y 0-N)
Impact statement from TAX (SB194)
Referred to Committee on Finance and Appropriations
Prefiled and ordered printed; offered 01/10/24 24102903D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24102903D | PDF HTML |
| Printed as engrossed 24102903D-E | PDF HTML |
| Committee substitute printed 24107712D-H1 | PDF HTML |
| SB194ER | PDF HTML |
| CHAP0665 | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB194FER161.PDF | |
| Fiscal Impact Statement: SB194FE161.PDF | |
| Fiscal Impact Statement: SB194F161.PDF | |
| Amendment: SB194AS | HTML |
| Amendment: SB194AC | HTML |
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