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1997 SESSION

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HB 2268 Classifications of tangible personal property; computer equipment.

Introduced by: Samuel A. Nixon, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Classifications of tangible personal property; computer equipment. Expands the existing classification for programmable computer equipment used in business to include attached peripherals. A new classification for personal property tax rate purposes is created for programmable computer equipment, including attached peripherals, used in business. Property in this classification may not be taxed at a rate higher than the machinery and tools tax rate.


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