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Committee passes bill to extend property-tax exemption to leased vehicles used exclusively for charity
Summary
House Bill 1691 clarifies that motor vehicles leased and used exclusively for a charitable purpose are eligible for the state's property-tax exemption that previously applied to owned vehicles and buildings; DFA said no state fiscal impact but noted potential local impacts, and the committee passed the measure by voice vote.
The Revenue & Tax Committee approved House Bill 1691, which expands an existing property-tax exemption for charitable uses to include leased motor vehicles that are used exclusively for a public-charity purpose.
Senator Dave Wallace presented the bill and explained that current law exempts buildings and materials used solely for public charity, and…
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