Bill
HB 1960
An Act providing for an exemption to a business income and receipts tax imposed by a city of the first class.
2025-2026 Regular Session
Introduced by Morgan Cephas and 6 co-sponsors
Shifts ad valorem tax ownership to lessees for leases over 30 days, making lessees pay taxes; clarifies the $2,500 sales/use tax cap applies to total periodic payments.
Referred to Local Government