AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND CONCERNING THE THRESHOLD FOR CERTAIN OPTIONAL FARM-RELATED PROPERTY TAX EXEMPTIONS.
To establish a property tax credit for certain farm-related capital expenses and increase the maximum property tax exemption threshold a municipality may approve for certain farm-related property.
Introduced by:
Finance, Revenue and Bonding Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| File No. 542 [doc] | |
| FIN Joint Favorable [doc] | |
| Raised Bill [doc] |
| Committee Actions | |
| FIN Joint Fav. Rpt | |
| FIN Vote Tally Sheet (Joint Favorable) |
| Fiscal Notes | |
| Fiscal Note For File Copy 542 |
| Bill Analyses | |
| Bill Analysis For File Copy 542 |
Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 4/17/2024 | (LCO) | File Number 542 | |
| 4/17/2024 | House Calendar Number 368 | ||
| 4/17/2024 | Favorable Report, Tabled for the Calendar, House | ||
| 4/17/2024 | (LCO) | Reported Out of Legislative Commissioners' Office | |
| 4/11/2024 | (LCO) | Referred to Office of Legislative Research and Office of Fiscal Analysis 04/16/24 5:00 PM | |
| 4/3/2024 | (LCO) | Filed with Legislative Commissioners' Office | |
| 4/2/2024 | (FIN) | Joint Favorable | |
| 3/15/2024 | Public Hearing 03/20 | ||
| 3/13/2024 | Referred to Joint Committee on Finance, Revenue and Bonding |
Co-sponsors of HB-5492
Rep. Michael D Quinn, 82nd Dist.
Rep. Vincent J. Candelora, 86th Dist.
Rep. Patrick S. Boyd, 50th Dist.
Rep. Jason Doucette, 13th Dist.
Rep. Cindy Harrison, 69th Dist.
Rep. Tom Delnicki, 14th Dist.
Rep. James Sanchez, 6th Dist.
Rep. Devin R. Carney, 23rd Dist.
Rep. Jill Barry, 31st Dist.
Rep. Tami Zawistowski, 61st Dist.
NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.
