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1995 SESSION

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SJ 366 Study; taxation of equipment of motor carriers.

Introduced by: Charles L. Waddell | all patrons    ...    notes | add to my profiles

SUMMARY:

Study; taxation of equipment of motor carriers. Establishes a joint subcommittee to study the ad valorem taxation of trucks and other equipment of motor carriers. Currently, the equipment is subject either to local tangible personal property tax or, if it is owned by a certificated motor vehicle carrier, the rolling stock tax administered by the State Corporation Commission.


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