Business Personal Property Tax Exemption
The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.
- Stage
- Passed first chamber
- Started in
- Senate
- Sponsors
- 2
- Latest action
- May 3, 2017
What it does
There is an exemption from property tax for business personal property that would otherwise be listed on a single personal property schedule that is equal to $7,300 for the current property tax year cycle. The bill increases the exemption to $10,000 for the next 2 property tax years and adjusts it for inflation for subsequent property tax cycles. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Where it stands
The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.
Introduced (Done)
Committee (Done)
Floor (Current step)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money in Colorado.