Senate Committee on Revenue and Fiscal Affairs
May 13, 2019
1:00 p.m.
John J. Hainkel, Jr. Room
Adjourned
* Agenda Revised May 12, 2019, 6:25 pm *
Revision Notes:
Added: HB 507
BLUE
= already considered.
RED
= currently being considered.
BLACK
= not yet considered.
**Click on an instrument for additional information. Click on an author for the author's home page.
CALL TO ORDER
ROLL CALL
MINUTES TO BE APPROVED:
Meeting: May 6, 2019
LEGISLATION TO BE CONSIDERED
HB83
JIMMY HARRIS
TAX CREDITS
- Extends the sunset of the tax credit for rehabilitation of historic structures to January 1, 2026, and limits the maximum amount of credits awarded in a calendar year (RE1 DECREASE GF RV See Note)
HB90
MOSS
TAX/TAX REBATES
- Establishes "The Angela Downs Act" which authorizes a state sales tax rebate for purchases of motor vehicles with certain modifications related to orthopedic disabilities" (EN -$60,000 GF RV See Note)
HB188
JIM MORRIS
TAX/SEVERANCE TAX
- Provides with respect to the exemption from severance tax on oil produced from stripper wells (RE2 -$7,000,000 GF RV See Note)
HB209
DAVIS
TAX EXEMPTIONS
- Authorizes a sales and use tax exemption for new automobiles, aircraft, boats, vessels or other water craft used as demonstrators (EN NO IMPACT GF RV See Note)
HB256
JIM MORRIS
TAX/SEVERANCE TAX
- Provides with respect to the rate and exemption for the severance tax on oil produced from incapable wells (RE2 -$2,500,000 GF RV See Note)
HB507
ABRAMSON
TAX
- Levies a 7% tax on the gross sales of therapeutic marijuana and dedicates the avails into the Community and Family Support System Fund (RE1 INCREASE SD RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT