2026 Regular Session
SB137
Personal Property Tax - Exemptions for Low Assessment - Alteration
Earlier-session bill · introduced 2025
Altering exemptions from the personal property tax for business personal property that has a total original cost below $20,000 by repealing provisions of law that prohibit the State Department of Assessments and Taxation from collecting information or requiring the submission of a personal property tax return from certain businesses that qualify for the exemptions; and applying the Act to all taxable years beginning after June 30, 2026.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Committee referrals
January 14, 2026 · Senate
Budget and Taxation
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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Senate Hearing 1/21 at 10:00 a.m.
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Senate Hearing canceled
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Senate Hearing 1/21 at 10:00 a.m.
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Senate First Reading Budget and Taxation
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Senate Pre-filed