HB1896
Real property tax; exemption by classification.
Status:
Enacted
Latest Action:
March 18, 2025
Acts of Assembly Chapter text (CHAP0086)
Chief Patron:
Rodney Willett (D)
Session:
2025 Regular Session
Summary
As Introduced. Real property tax; exemption by classification.
Provides that the property of an organization that is tax exempt by classification includes the property of a single member limited liability company whose sole member is such an organization.-
Bill History
- 01/06/2025 - House: Prefiled and ordered printed; Offered 01-13-2025 25101024D
- 01/06/2025 - House: Referred to Committee on Finance
- 01/14/2025 - House: Impact statement from TAX (HB1896)
- 01/17/2025 - House: Assigned Finance sub: Subcommittee #1
- 01/17/2025 - House: Placed on Finance Agenda
- 01/20/2025 - House: Subcommittee recommends reporting (8-Y 0-N)
- 01/21/2025 - House: Placed on Finance Agenda
- 01/22/2025 - House: Reported from Finance (22-Y 0-N)
- 01/24/2025 - House: Read first time
- 01/27/2025 - House: Read second time and engrossed
- 01/28/2025 - House: Read third time and passed House (99-Y 0-N)
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/29/2025 - Senate: Referred to Committee on Finance and Appropriations
- 02/11/2025 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
- 02/11/2025 - Senate: Rules suspended
- 02/11/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- 02/11/2025 - Senate: Passed by for the day
- 02/12/2025 - Senate: Read third time
- 02/12/2025 - Senate: Passed Senate (39-Y 0-N)
- 02/17/2025 - House: Enrolled
- 02/17/2025 - House: Bill text as passed House and Senate (HB1896ER)
- 02/17/2025 - House: Impact statement from TAX (HB1896)
- 02/17/2025 - House: Signed by Speaker
- 02/20/2025 - Senate: Signed by President
- 03/03/2025 - House: Enrolled Bill communicated to Governor on March 3, 2025
- 03/03/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/18/2025 - Approved by Governor-Chapter 86 (Effective 07/01/25)
- 03/18/2025 - Acts of Assembly Chapter text (CHAP0086)
