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Committee reports HB 2,084 after amendments on precious metals, storage units and prescription-drug warehousing

3063776 · April 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 2,084, which would eliminate several tax preferences and change B&O treatment for storage units and prescription-drug warehousing, was reported out of the Finance Committee with a due pass recommendation after multiple amendment votes and debate; final committee tally was 10-5.

The House Finance Committee voted to report House Bill 2,084 with a due pass recommendation after considering multiple amendments that restored or clarified tax treatment for specific businesses. The bill before the committee would eliminate certain tax preferences including the B&O exemption for sales of precious metals and bullion, impose B&O tax on receipts from rental of self-storage units, and remove the preferential B&O rate for warehousing and reselling…

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