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Voices. Knowledge. Solutions.

Advocacy Initiative
Off

Priority Bill
Off

Bill Number
5006
Session
2025 - 2026
Chamber
House
Sponsor
Rep. Brandon Michael Newton
Category
Finance, Revenue, Taxes
Committee
House Ways and Means Committee
Status
Favorable report
Staff Summary

Summary of the bill as introduced: Exempts the first $10,000 of net depreciated value of business personal property owned by a small business.

House Subcommittee Action

01.29.2026 The House Ways and Means Economic Development subcommittee gave this bill a favorable report.