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2018 SESSION

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HB 828 Personal property tax; computer equipment and peripherals used in data centers.

Introduced by: Lamont Bagby | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Personal property tax; computer equipment and peripherals used in data centers. Creates a separate classification of tangible personal property, for valuation purposes, for computer equipment and peripherals used in a data center. The classification specifies that the computer equipment and peripherals shall be valued by means of a percentage or percentages of original cost or by any other method that reasonably may be expected to determine fair market value. This bill is identical to SB 268.

SUMMARY AS INTRODUCED:

Personal property tax; computer equipment and peripherals used in data centers. Creates a separate classification of tangible personal property, for valuation purposes, for computer equipment and peripherals used in a data center. The classification specifies that the computer equipment and peripherals shall be valued by means of a percentage or percentages of original cost.