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2010 SESSION

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HB 613 Machinery and tools; classification as intangible personal property, exemption from local tax.

Introduced by: Harry R. Purkey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Personal property tax; machinery and tools.  Classifies new investments in machinery and tools for manufacturing, processing and reprocessing, mining, and radio or television broadcasting made after July 1, 2010, as intangible personal property and not subject to local property tax.


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