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SF0049
Tangible personal property-index and depreciation.
Year
2025
Status
✓ Signed Into Law
Sponsor
Revenue
Committee
Revenue
Joint
Introduced
Jan 20, 2025
1 years ago
Last Action
Assigned Chapter Number 20
Signed
Feb 24, 2025
Effective: Jan 1, 2026
Bill Synopsis
Sets rules for how personal property is taxed and ensures taxes won't increase once an item is fully depreciated in value.
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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: Nay
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: Aye
Republican - H49
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
Assigned Chapter Number 20
Enrolled Act No.
Act #8
Chapter: 0020
Signed: 2/24/2025
Effective: 1/1/2026