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SF0048
Business property exemption.
Year
2025
Status
✓ Signed Into Law
Sponsor
Revenue
Committee
Revenue
Joint
Introduced
Jan 17, 2025
1 years ago
Last Action
Assigned Chapter Number 28
Signed
Feb 24, 2025
Effective: Jan 1, 2026
Bill Synopsis
Raises the tax break on business property from $2,400 to $50,000 per county. This saves small business owners money on their property taxes each year.
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Committee
Revenue
Type: Joint
Committee Members
Tony Locke
Chairman
Floor Vote: Aye
Republican - H35
Troy McKeown
Chairman
Floor Vote: Aye
Republican - S24
Gary Brown
Member
Republican - H41
Kevin Campbell
Member
Republican - H62
Cale Case
Member
Floor Vote: Nay
Republican - S25
Dan Dockstader
Member
Floor Vote: Aye
Republican - S16
Tim French
Member
Floor Vote: Aye
Republican - S18
Bob Ide
Member
Floor Vote: Aye
Republican - S29
Jayme Lien
Member
Floor Vote: Aye
Republican - H38
Ann Lucas
Member
Floor Vote: Aye
Republican - H43
Stephan Pappas
Member
Floor Vote: Aye
Republican - S07
J.R. Riggins
Member
Floor Vote: Excused
Republican - H59
Liz Storer
Member
Floor Vote: Nay
Democrat - H23
Clarence Styvar
Member
Floor Vote: Aye
Republican - H12
Robert Wharff
Member
Floor Vote: Nay
Republican - H49
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
Assigned Chapter Number 28
Enrolled Act No.
Act #19
Chapter: 0028
Signed: 2/24/2025
Effective: 1/1/2026