Introduced by Rep. Mary Cavanagh (D) on November 2, 2021
To revise reporting, process and eligibility details for businesses with personal property tax exemptions. This applies to a tax on business tools and equipment, and House Bills 5502 to 5506 amend different elements of the tax so as to eventually replace it with a similar tax called the "Eligible
Manufacturing Personal Property (EMPP) tax exemption. Official Text and Analysis.
Referred to the House Tax Policy Committee on November 2, 2021
Reported in the House on November 10, 2021
Without amendment and with the recommendation that the bill pass.