Public Act 372 of 2007

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• Introduced by Rep. Nancy E. Smith (D) on February 6, 2007, this bill provides eligibility under the business equipment tax exemption for used property previously subject to property tax in the State as long as the primary purpose of the acquisition of the property was not to obtain eligibility for the exemption. The bill also makes it a Class E crime to claim an exemption when the primary purpose for the acquisition was to obtain eligibility.
  • Referred to the Taxation Committee on February 6, 2007.
  • Amendment offered in the House on June 11, 2007. The amendment passed in the House by voice vote on June 11, 2007.
• Passed in the House by voice vote on June 11, 2007.
• Received in the Senate on June 11, 2007.
• Passed in the Senate by voice vote on June 12, 2007.
• Received in the House on June 14, 2007.
• Passed in the House (136 to 0) on June 14, 2007. [Vote Details and Comments]
• Signed by Gov. John E Baldacci on June 21, 2007.