SJR 27
Provides an exemption for certain personal property
Sponsor:
LR Number:
2368S.01I
Committee:
Last Action:
2/22/2021 - S First Read
Journal Page:
Title:
Calendar Position:
156
Effective Date:
Upon Voter Approval

Current Bill Summary

SJR 27 - This constitutional amendment, if approved by the voters, provides a property tax exemption for personal property over a certain age. Beginning in the 2023 calendar year, the exemption shall apply to personal property older than ten years, with such exemption expanding each year until, beginning in the 2026 calendar year and all subsequent years, the exemption shall apply to personal property older than seven years.

This amendment is substantially similar to SJR 36 (2020) and SJR 28 (2019).

JOSH NORBERG

Amendments

No Amendments Found.