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1994 SESSION

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HB 267 Classification of personal property; planned development subdivisions.

Introduced by: Kenneth R. Plum | all patrons    ...    notes | add to my profiles

SUMMARY:

Classification of personal property; planned development subdivisions. Adds certain tangible personal property which is used by certain residential subdivisions for maintenance of common space to the list of items which are declared to constitute a separate classification for local taxation. The benefit of such a separate classification is that the property so classified may be taxed at a lower rate than other tangible personal property.


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