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2006 SESSION

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HB 327 Personal property tax; classification of watercraft used for business purposes.

Introduced by: Harvey B. Morgan | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Personal property tax; classification of watercraft used for business purposes.  Creates separate classes of personal property for rate purposes of watercraft based on the weight of the watercraft and whether it is used for business purposes.

SUMMARY AS INTRODUCED:

Personal property tax; classification of watercraft used for business purposes.  Removes the weight restriction from the personal property classification for rate purposes of watercraft used for business purposes.  Under current law there is a separate classification for such watercraft not exceeding five tons.