Lifetime Citizen Portal Access — AI Briefings, Alerts & Unlimited Follows
House passes measure to amend 3% construction tax on certain nonresidential projects
Loading...
Summary
The House suspended rules and passed House Bill 24-63 on first and final reading to amend Title 4 (sections 1991–1995) and add section 1996 governing a 3% construction tax on certain nonresidential construction projects; the bill passed on a 17-0 recorded vote.
The House of Representatives voted unanimously to pass House Bill 24-63, a statutory amendment affecting the 3% construction tax assessed on gross revenues from certain nonresidential construction projects.
The floor leader moved to suspend rules to permit first-and-final reading. The motion to suspend rules carried by voice vote, and the chamber then took up passage on first and final reading.
Representative John Paul Sablan, the bill's author, told colleagues the draft was prepared in consultation with the administration and the Attorney General's Office to address concerns about the change-order provision and other technical issues. "This is a product that was worked on within the administration and the AG's office to address the concerns," Sablan said on the floor.
Representative Ralph Yummo asked whether the bill contained any retroactive provisions for contractors; Sablan replied that the proposed legislation contains no retroactive provisions.
A roll-call vote was recorded: all 17 members present voted yes and House Bill 24-63 passed the House.
Discussion versus formal action: members discussed the bill's technical corrections and non-retroactivity; the chamber adopted a procedural suspension of rules and passed the bill on a recorded roll-call vote. Implementation steps and any fiscal effects will depend on conference with Senate counterparts and subsequent enrollment or governor action.
