HB 104, Property Tax Recovery Fee

Municipal Impact
Position
Evaluating
GMA Contact
Bill Sponsor

Rep. Ron Stephens
District 164

This bill provides for a 1.5 percent property tax recovery fee on the total charge of renting rental equipment. The property tax recovery fee will be collected by the equipment rental company and remitted to the county tax commissioner for credit against the company's ad valorem tax on the rental equipment. 

Last Updated: 2/9/2021
Subject Area: Taxation
Resources: bill text
BILL STATUS
1/28/2021 - Assigned To House Committee
COMMITTEE
House Ways & Means

Comment on this Bill

HB 104 In The News