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2010 SESSION
SB 656 Property tax, local; separate classification for renewable energy manufacturing tangible property.
Introduced by: Frank M. Ruff, Jr. | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
Local property tax; separate classification for renewable energy manufacturing tangible personal property and improvements to real property. Adds tangible personal property and improvements to real property designed and used primarily for manufacturing a product from renewable energy as separate classifications of property for local property tax purposes.
SUMMARY AS INTRODUCED:
Local property tax; separate classification for certified renewable energy manufacturing equipment, facilities, devices. Adds certified renewable energy manufacturing equipment, facilities, and devices to a separate class of property for local property tax purposes so the local governing body can exempt or partially exempt such property.