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HB 0769 - Exempt Watercraft and ATVs Held in Dealer Inventory from Property Tax
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Tracking Level: Oppose
Sponsor: Hawkins, Lee 27th
Last Action: 5/3/2016 - House Date Signed by Governor
House Committee: W&M
Senate Committee: FIN
Assigned To:
Clint MuellerNext Bill
Property TaxNext Bill
Tax CommissionerNext Bill

Staff Analysis of the Legislation
This legislation makes permanent the current exemption from ad valorem tax for watercraft held for sale or resale in dealer inventory.  It also creates a new ad valorem tax exemption for ATVs held in dealer inventory.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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