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Bill Summary for Bill Number HB16-1194 Date: 05/05/2016
Location: LSB B
Final
BILL SUMMARY for HB16-1194

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
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11:11 AM -- HB16-1194

Senator Sonnenberg, prime-sponsor, presented House Bill 16-1194, which creates an income tax deduction for taxpayers that lease an agricultural asset, defined as land, crops, livestock, livestock facilities, farm equipment, grain storage, or irrigation equipment, to a beginning farmer or rancher satisfying certain qualifications.


11:15 AM

The bill was laid over for later action.