2020 House Bill 5779

Replace capital equipment tax with on heavy equipment rentals with new rental tax

Introduced in the House

May 19, 2020

Introduced by Rep. Jim Ellison (D-26)

To replace the property tax levied on heavy equipment owned by an equipment rental company with a 2% tax on heavy equipment rentals, to be distributed mostly to local governments.

Referred to the Committee on Tax Policy

Sept. 22, 2020

Reported without amendment

Refer to the Committee on Ways and Means.

Referred to the Committee on Ways and Means