HB 1061 Provides tax exemptions for certain property sales and leases by port authorities

     Handler: Hoskins

Current Bill Summary

- Prepared by Senate Research -

HB 1061 - Current law exempts from taxation notes and bonds issued by port authorities. This act provides that sales and leases of both real and personal property by or to any port authority involving the issuance of tax exempt bonds shall also be exempt from taxation.

This act is identical to SB 437 (2019) and to a provision contained in HCS/SB 371 (2019) and HCS/SB 468 (2019), and is substantially similar to a provision contained in CCS/SB 368 (2019).


Go to Main Bill Page  |  Return to Summary List  |  Return to Senate Home Page