SB 1176 Personal Property Tax Relief Act of 1998; reduce reimbursement amount.
Phillip P. Puckett | all patrons    ...    notes
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Summary as introduced:
Personal Property Tax Relief Act of 1998; reduce reimbursement amount. Reduces the current car tax reimbursement amount from 70 percent to 47.5 percent for qualifying vehicles with a value greater than $1,000 for tax years beginning on and after January 1, 2003. The reimbursement amount will remain at 47.5 percent until the general fund revenues, including transfers, for the most recently ended fiscal year after 2004 equal or exceed the amount of such revenues collected in tax year 2000 and adjusted for inflation.

Full text:
01/08/03  Senate: Presented & ordered printed, prefiled 01/08/03 034811516  pdf | impact statement

Status:
01/08/03  Senate: Presented & ordered printed, prefiled 01/08/03 034811516
01/08/03  Senate: Referred to Committee on Finance
01/29/03  Senate: Failed to report (defeated) in Finance by voice vote