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1995 SESSION

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SB 170 Tangible personal property.

Introduced by: Thomas K. Norment, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Tangible personal property. Designates certain tangible personal property employed in a trade or business as a separate classification for rate purposes. This amendment will permit such property to be taxed at a different (lower) rate than the general classification of tangible personal property if the local governing body elects to adopt such tax policy. Application of the bill is limited to Northampton County.


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