Allow a sales and use tax exemption for certain projects
Refer to Committee
Legislative status
- Introduced
- In Committee
- Reported by Committee
- Floor Vote Scheduled
- Passed One Chamber
- Passed Both Chambers
- Sent to Executive
- Signed into Law
Summary
The bill lets developers of projects that spend at least $25 million on real‑property improvements and fund surrounding public infrastructure claim a tax exemption on materials and services. It also bars a port authority from signing contracts for projects outside its jurisdiction without county board approval. The measure aims to move stalled projects forward by removing a tax barrier.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about SB 367
3 free questions a day, no accountHearings
- Senate Ways and Means: S. B. No. 367, S. B. No. 285, S. B. No. 307Senate Ways and Means · May 12, 2026
History
- Referred to committee
- Introduced
Sponsors
- Andrew O. Brenner · sponsor
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