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HB 365 Signed

TAX/AD VALOREM TAX: Provides for an optional exemption of business inventory from ad valorem taxes and to authorize the reduction of the fair market value percentage of business inventory under certain circumstances (EN SEE FISC NOTE GF EX See Note)

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Legislative Timeline

43 actions
  1. Jun 20, 2025 lower
    Signed by the Governor. Becomes Act No. 357.
  2. Jun 20, 2025 lower
    Effective date: See Act.
  3. Jun 12, 2025 lower
    Conference Committee report received. Lies over under the rules.
  4. Jun 12, 2025 lower
    Rules suspended.
  5. Jun 12, 2025 lower
    Conference Committee Report read, roll called, yeas 98, nays 0. The Conference Committee Report was adopted.
  6. Jun 12, 2025 upper
    Notice House adopted the Conference Committee Report.
  7. Jun 12, 2025 upper
    Conference Committee Report read; adopted by a vote of 36 yeas and 0 nays.
  8. Jun 12, 2025 lower
    Notice of Senate adoption of Conference Committee Report.
  9. Jun 12, 2025 lower
    Enrolled and signed by the Speaker of the House.
  10. Jun 12, 2025 upper
    Signed by the President of the Senate.
  11. Jun 12, 2025 lower
    Sent to the Governor for executive approval.
  12. Jun 11, 2025 lower
    Notice of Senate conferees appointed.
  13. Jun 11, 2025 lower
    House conferees appointed: Beaullieu, Emerson, and Carver.
  14. Jun 11, 2025 upper
    Notice House Conference Committee members appointed.
  15. Jun 10, 2025 lower
    Read by title, roll called, yeas 86, nays 0, Senate amendments rejected, conference committee appointment pending.
  16. Jun 10, 2025 upper
    Senate conference committee members appointed: Cathey, Foil, and Reese.
  17. Jun 10, 2025 upper
    Notice House rejected the Senate amendments.
  18. Jun 9, 2025 lower
    Received from the Senate with amendments.
  19. Jun 9, 2025 lower
    Scheduled for concurrence on 06/10/2025.
  20. Jun 8, 2025 upper
    Rules suspended. Called from the Calendar.
  21. Jun 8, 2025 upper
    Senate floor amendments read and adopted. Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
  22. May 29, 2025 upper
    Rules suspended.
  23. May 29, 2025 upper
    Read by title and returned to the Calendar, subject to call.
  24. May 21, 2025 upper
    Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
  25. May 20, 2025 upper
    Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
  26. May 19, 2025 upper
    Reported with amendments.
  27. May 7, 2025 upper
    Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
  28. May 6, 2025 lower
    Called from the calendar.
  29. May 6, 2025 lower
    Read third time by title, roll called on final passage, yeas 93, nays 0. Finally passed, title adopted, ordered to the Senate.
  30. May 6, 2025 upper
    Received in the Senate. Rules suspended. Read first time by title and placed on the Calendar for a second reading.
  31. Apr 30, 2025 lower
    Called from the calendar.
  32. Apr 30, 2025 lower
    Read by title, returned to the calendar.
  33. Apr 30, 2025 lower
    Notice given.
  34. Apr 30, 2025 lower
    Scheduled for floor debate on 05/06/2025.
  35. Apr 24, 2025 lower
    Read by title, returned to the calendar.
  36. Apr 24, 2025 lower
    Notice given.
  37. Apr 24, 2025 lower
    Scheduled for floor debate on 04/30/2025.
  38. Apr 23, 2025 lower
    Scheduled for floor debate on 04/24/2025.
  39. Apr 16, 2025 lower
    Read by title, ordered engrossed, passed to 3rd reading.
  40. Apr 15, 2025 lower
    Reported favorably (13-0).
  41. Apr 14, 2025 lower
    Read by title, under the rules, referred to the Committee on Ways and Means.
  42. Apr 3, 2025 lower
    Prefiled.
  43. Apr 3, 2025 lower
    Under the rules, provisionally referred to the Committee on Ways and Means.
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