by Aim Admin | Feb 25, 2022 | Show on Archive
February 25, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX As we have reported in recent weeks, HB 1002 was the only bill remaining attempting to partially reduce the business personal property tax. HB 1002, as it passed the House, proposed a tax credit on...
by Aim Admin | Feb 18, 2022 | Show on Archive
February 18, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX As we have reported in recent weeks, HB 1002 is the only bill remaining that attempts to partially reduce the business personal property tax. HB 1002 proposes a tax credit on various state taxes to...
by Aim Admin | Feb 11, 2022 | Show on Archive
February 11, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX As we have reported in recent weeks, HB 1002 is the only bill remaining that attempts to partially reduce the business personal property tax. HB 1002 proposes a tax credit on various state taxes to...
by Aim Admin | Feb 4, 2022 | Show on Archive
February 4, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX As we have reported in recent weeks, HB 1002 is the only bill remaining that attempts to partially reduce the business personal property tax. HB 1002 proposes a tax credit on various state taxes to offset...
by Aim Admin | Jan 28, 2022 | Show on Archive
January 28, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX SB 378, authored by Sen. Brian Buchanan (R-Lebanon), would have increased the BPPT exemption from $80,000 to $250,000, phased down the depreciation floor to 25%, and provided a BPPT holiday in 2023 where...
by Aim Admin | Jan 21, 2022 | Show on Archive
January 21, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX Both HB 1002 and SB 378 eliminate a portion of local government revenue by phasing out portions of Business Personal Property Tax. Neither bill offers a full replacement for the lost revenue and both will...
