HB698:
License taxes; exemptions.
Bill Summary:
License taxes; exemptions. Authorizes localities
to exempt any class of taxpayers from license taxes and fees. The
bill provides that such exemption shall be made by general law and
shall be uniform upon taxpayers operating in the same line of business
or trade and that localities shall have discretion to determine the
classes of taxpayers that shall be exempted. The bill does not apply
to any severance tax that is levied as a license tax.
Bill Patron: Keam
Last Action(s):
(House) Continued to 2023 in Finance February 7, 2022
Bill Status:
Carried Over