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H0679...............................................by REVENUE AND TAXATION
PERSONAL PROPERTY TAX - Amends existing law to provide that machinery and
equipment used in the production of or caring for nursery stock is exempt
from personal property taxation.
02/26 House intro - 1st rdg - to printing
02/27 Rpt prt - to Rev/Tax
03/06 Rpt out - rec d/p - to 2nd rdg
Rls susp - PASSED - 65-1-4
AYES -- Aikele, Barraclough, Barrett, Bedke, Bell, Black, Block, Boe,
Bolz, Bradford, Bruneel, Callister, Campbell, Clark, Collins, Crow,
Cuddy, Deal, Denney, Ellis, Ellsworth, Eskridge, Field(13), Gagner,
Gould, Hadley, Harwood, Henbest, Higgins, Hornbeck, Jaquet,
Kellogg(Duncan), Kendell, Kunz, Langford, Loertscher, Mader,
Martinez, McKague, Meyer, Montgomery, Mortensen, Moyle, Pearce,
Pischner, Pomeroy, Raybould, Ridinger, Roberts, Robison, Sali,
Schaefer, Sellman, Shepherd, Smith(33), Smith(23), Smylie, Stevenson,
Stone, Tilman, Trail, Wheeler, Wood, Young, Mr. Speaker
NAYS -- Bieter
Absent and excused -- Field(20), Hammond, Jones, Lake
Floor Sponsor - Deal
Title apvd - to Senate
03/07 Senate intro - 1st rdg - to Loc Gov
03/11 Rpt out - rec d/p - to 2nd rdg
03/12 2nd rdg - to 3rd rdg
03/15 3rd rdg - PASSED - 35-0-0
AYES -- Andreason, Boatright, Branch Brandt, Bunderson, Burtenshaw,
Cameron, Darrington, Davis, Deide, Dunklin, Frasure, Geddes, Goedde,
Hawkins, Hill, Ingram, Ipsen, Keough, King-Barrutia, Little, Lodge,
Marley, Noh, Richardson, Risch, Sandy, Schroeder, Sims, Sorensen,
Stegner, Stennett, Thorne, Wheeler, Williams
NAYS -- None
Absent and excused -- None
Floor Sponsor - Keough
Title apvd - to House
03/15 To enrol
Rpt enrol - Sp signed - Pres signed
03/18 To Governor
03/20 Governor signed
Session Law Chapter 150
Effective: 01/01/02
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-sixth Legislature Second Regular Session - 2002
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 679
BY REVENUE AND TAXATION COMMITTEE
1 AN ACT
2 RELATING TO PROPERTY TAXATION; AMENDING SECTION 63-602EE, IDAHO CODE, TO PRO-
3 VIDE THAT MACHINERY AND EQUIPMENT USED IN THE PRODUCTION OF OR CARING FOR
4 NURSERY STOCK IS EXEMPT FROM TAXATION; DECLARING AN EMERGENCY AND PROVID-
5 ING RETROACTIVE APPLICATION.
6 Be It Enacted by the Legislature of the State of Idaho:
7 SECTION 1. That Section 63-602EE, Idaho Code, be, and the same is hereby
8 amended to read as follows:
9 63-602EE. PROPERTY EXEMPT FROM TAXATION -- CERTAIN TANGIBLE PERSONAL
10 PROPERTY. The following property is exempt from taxation: class 2 property
11 that is agricultural machinery and equipment and exclusively used in agricul-
12 ture during the immediately preceding tax year. For purposes of this section:
13 (1) "Agricultural machinery and equipment" shall mean any machinery and
14 equipment that is used in:
15 (a) Production of field crops including, but not limited to, grains, feed
16 crops, fruits and vegetables or the production of or caring for nursery
17 stock as defined in section 22-2302, Idaho Code; or
18 (b) The grazing, feeding or raising of livestock, fur-bearing animals,
19 fish, fowl and bees to be sold or used as part of a net profit-making
20 agricultural enterprise or dairy.
21 (2) Buildings shall not be considered to be agricultural machinery and
22 equipment.
23 SECTION 2. An emergency existing therefor, which emergency is hereby
24 declared to exist, this act shall be in full force and effect on and after its
25 passage and approval, and retroactively to January 1, 2002.
STATEMENT OF PURPOSE
RS 11743
The purpose of this RS is to add specific language that property
exempt from taxation includes agriculture machinery and equipment
used in the production of or caring for nursery stock. It was thought
this equipment was included in the exemption for agricultural
machinery and equipment passed in the 2001 legislative session.
FISCAL IMPACT
An estimate from the Idaho Tax Commission notes that $3,000,000 in
value of personal property was assessed to nursery stock growers in
2001. The resulting tax impact in 2001 would have been a shift in
property taxes of $31,000 on the $3,000,000 value and a loss of
property tax revenue to school districts in the amount of $12,000 on
the $3,000,000 value. These are the statewide total estimated
impacts.
Note: The tax exemption for the agricultural equipment and machinery
used in the production of nursery stock was included in the total
fiscal impact for all agricultural equipment and machinery.
Contact
Name: Rep. Bill Deal
Phone: 208/332-1000
STATEMENT OF PURPOSE/FISCAL NOTE H 679