SPB 7034: Taxation

Summary

Taxation; Revising the timeframe in which certain agricultural lands may be classified as agricultural lands when taken out of production by a state or federal eradication or quarantine program; exempting from ad valorem taxes any portion of property used as a child care facility that has achieved Gold Seal Quality status; providing a credit against oil and gas production taxes under the Home Away From Home Tax Credit beginning on a specified date; exempting the sale of gold, silver, and platinum bullion from the state sales tax; exempting certain clothing from the state sales tax; creating the Rural Community Investment Program within the Department of Commerce; exempting from sales and use tax specified disaster preparedness supplies during a specified timeframe, etc.

Latest recorded action

Submitted as Committee Bill and Reported Favorably by Finance and Tax; YEAS 3 NAYS 1

Apr 15, 2025

This is the latest action supplied by the source, not the full legislative history.

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