Introduced in the Senate on February 27, 2007, to allow certain personal property tax breaks granted to a particular business to be transferred to another business eligible for the same tax breaks when it acquires the property of the first firm, and extend the tax breaks to any new personal property (business tools and equipment) acquired by the second business. Local government approval would be required
The vote was 36 in favor, 0 opposed and 2 not voting
(Senate Roll Call 98 at Senate Journal 44)
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