2007 House Bill 4337

Expand certain targeted personal property tax breaks

Introduced in the House

Feb. 28, 2007

Introduced by Rep. Ken Horn (R-94)

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.

Referred to the Committee on Tax Policy

July 25, 2007

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Oct. 9, 2007

Referred to the Committee on Tax Policy