CS/SB 7068 (2021) -  Taxation

General Bill by Appropriations and Finance and Tax
Taxation: Adding exceptions to the definition of the term “change of ownership” for purposes of a certain homestead assessment limitation; specifying that portions of property not used for certain purposes are not exempt from ad valorem taxation; providing that improvements to real property are deemed owned by certain educational institutions for purposes of the educational exemption from ad valorem taxation if certain criteria are met; providing that modifications of certain original documents for certain purposes on which documentary stamp taxes were previously paid are not renewals and are not subject to the documentary stamp tax; extending the expiration date of the sales tax exemption for data center property; creating the Strong Families Tax Credit; defining terms, etc.
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon becoming a law, this act shall take effect July 1, 2021
Last Event: 04/29/21 S Laid on Table, companion bill(s) passed, see HB 7061 (Ch. 2021-31) -SJ 872 on Thursday, April 29, 2021 11:48 AM

PCB committee actions:

  • SPB 7068 recommended by:
    Finance and Tax
    • On agenda for: 03/25/21   9:00 AM
    • Submitted as Committee Bill and Reported Favorably (final action) Votes: Yeas 7   Nays 0

Referred Committees and Committee Actions

Senate Referrals

  • Appropriations
    • On agenda for: 04/19/21 10:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 19   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 531 Subject: Student Internships Relationship: Compare
Bill #: CS/CS/HB 889 Subject: Nonprofit Property Tax Exemptions Relationship: Compare
Bill #: CS/HB 897 Subject: Strong Families Tax Credit Relationship: Compare
Bill #: CS/HB 917 Subject: Documentary Stamp Tax Exemption Relationship: Compare
Bill #: CS/HB 1241 Subject: Tax Administration Relationship: Compare
Bill #: HB 1519 Subject: Homestead Exemptions Relationship: Compare
Bill #: HB 6071 Subject: Tax Refund Program for Qualified Target Industry Businesses Relationship: Compare
Bill #: HB 6087 Subject: Hospitals' Community Benefit Reporting Relationship: Compare
Bill #: HB 6093 Subject: Hospitals' Community Benefit Reporting Relationship: Compare
Bill #: HB 7061 Subject: Taxation Relationship: Compare
Bill #: SB 58 Subject: Hospitals’ Community Benefit Reporting Relationship: Compare
Bill #: CS/SB 258 Subject: Internship Tax Credit Program Relationship: Compare
Bill #: CS/SB 598 Subject: Back-to-school Sales Tax Holiday Relationship: Compare
Bill #: CS/CS/SB 734 Subject: Tax Exemptions Relationship: Compare
Bill #: CS/CS/SB 908 Subject: Strong Families Tax Credit Relationship: Compare
Bill #: SB 982 Subject: Tax Refund Program for Qualified Target Industry Businesses Relationship: Compare
Bill #: CS/CS/SB 1214 Subject: Nonprofit Taxation Relationship: Compare
Bill #: CS/SB 1254 Subject: Ad Valorem Assessments Relationship: Compare
Bill #: CS/SB 1334 Subject: Excise Tax on Documents Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations 4/21/2021 7:20:14 PM
Chamber: Senate Committee: Appropriations 4/16/2021 11:05:10 AM
Chamber: Senate Committee: Finance and Tax 3/25/2021 6:36:10 PM
Chamber: Senate Committee: Finance and Tax 3/23/2021 6:16:28 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see HB 7061 (Ch. 2021-31) -SJ 872 Time: 04/29/2021 - 11:48 AM Member: Committee: Version: c1
Event: S Substituted HB 7061 -SJ 872 Time: 04/29/2021 - 11:48 AM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 870 Time: 04/29/2021 - 11:46 AM Member: Committee: Version: c1
Event: S Retained on Special Order Calendar -SJ 843 Time: 04/28/2021 - 8:54 PM Member: Committee: Version: c1
Event: S Retained on Special Order Calendar -SJ 745 Time: 04/27/2021 - 12:10 PM Member: Committee: Version: c1
Event: S Retained on Special Order Calendar -SJ 720 Time: 04/26/2021 - 5:21 PM Member: Committee: Version: c1
Event: S CS by Appropriations read 1st time -SJ 647 Time: 04/22/2021 - 11:48 PM Member: Committee: Appropriations Version: c1
Event: S Placed on Special Order Calendar, 04/26/21 -SJ 721 Time: 04/22/2021 - 7:13 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading Time: 04/22/2021 - 8:45 AM Member: Committee: Version: c1
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 04/22/2021 - 8:07 AM Member: Committee: Appropriations Version: __
Event: S CS by- Appropriations; YEAS 19 NAYS 0 -SJ 642 Time: 04/19/2021 - 6:37 PM Member: Committee: Appropriations Version: __
Event: S On Committee agenda-- Appropriations, 04/19/21, 10:00 am, 412 Knott Building Time: 04/14/2021 - 5:24 PM Member: Committee: Appropriations Version: __
Event: S Introduced -SJ 326 Time: 03/30/2021 - 5:06 PM Member: Committee: Version: __
Event: S Referred to Appropriations -SJ 326 Time: 03/30/2021 - 3:27 PM Member: Committee: Appropriations Version: __
Event: S Filed Time: 03/25/2021 - 4:31 PM Member: Committee: Version: __
Event: S Submitted as Committee Bill and Reported Favorably by Finance and Tax; YEAS 7 NAYS 0 Time: 03/25/2021 - 10:46 AM Member: Committee: Finance and Tax Version: pb
Event: S On Committee agenda-- Finance and Tax, 03/25/21, 9:00 am, 110 Senate Building Time: 03/22/2021 - 2:36 PM Member: Committee: Finance and Tax Version: pb
Event: S Submitted for consideration by Finance and Tax Time: 03/22/2021 - 2:23 PM Member: Committee: Finance and Tax Version: pb

Statutes Referenced by this Bill

Statute Other Bill Citations
192.0105 CS/HB 1241, HB 7061
193.019 SB 58, HB 6087, HB 6093, HB 7061
193.155 CS/CS/CS/SB 1186, CS/SB 1254, CS/CS/HB 1379, HB 1519, HB 7061
193.1554 CS/CS/CS/SB 1186, CS/SB 1254, CS/CS/HB 1379, HB 7061
193.1555 CS/SB 1254, HB 7061
193.1557 CS/CS/CS/SB 1186*, CS/SB 1254, HB 7061
196.196 HB 563, SB 674, CS/CS/HB 889, CS/CS/SB 1214, HB 7061
196.1978 HB 7061
196.198 HB 7061
196.199 SB 1702
197.222 CS/HB 1241, HB 7061
201.08 CS/HB 917, CS/SB 1334, HB 7061
211.0252 CS/CS/HB 3, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061*
211.3106 CS/HB 1241, HB 7061
212.06 CS/CS/HB 15, CS/CS/SB 50, CS/HB 1241, HB 7061
212.07 CS/CS/HB 15, CS/CS/SB 50, CS/HB 1241, HB 7061
212.08 CS/CS/HB 57*, HB 81, CS/HB 219, SB 224, HB 343, CS/CS/HB 419, CS/CS/SB 522, CS/HB 575, SB 710, SB 806, SB 842, CS/CS/HB 1239*, CS/HB 1241, CS/SB 1282, SB 1336, CS/CS/SB 1592*, SB 1790, HB 6047, HB 6091, HB 7061
212.13 CS/HB 1241, HB 7061
212.15 CS/HB 1241, HB 7061
212.1833 CS/CS/HB 3, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061*
213.053 CS/CS/SB 48, CS/HB 1241, CS/CS/HB 1463, CS/CS/SB 1948, HB 7061
220.02 CS/CS/HB 3, CS/SB 258, HB 445, CS/CS/HB 531, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061
220.13 CS/CS/HB 3, CS/CS/SB 48, CS/SB 258, CS/CS/HB 531, CS/HB 897, CS/CS/SB 908, HB 999, CS/SB 1372, HB 7059, HB 7061, CS/SB 7082
220.186 CS/CS/HB 3, CS/CS/SB 48, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061
220.1876 CS/CS/HB 3, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061*
220.198 CS/SB 258, CS/CS/HB 531, HB 1617, HB 7061
288.106 SB 982, CS/CS/HB 1463, CS/CS/SB 1948, HB 6071
402.62 CS/HB 897, CS/CS/SB 908, HB 7061
561.1212 CS/CS/HB 3, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061*
624.509 CS/CS/HB 1537*, HB 7061
624.51056 CS/CS/HB 3, CS/HB 897, CS/CS/SB 908, CS/SB 1372, HB 7061*

(*) Not the latest version