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1999 SESSION

• | print version

HB 2502 Coal mining business; machinery and tools tax.

Introduced by: Riley E. Ingram | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Machinery and tools tax. Provides that machinery and tools used in a coal mining business shall be valued for tax purposes as follows:

Year 1 Original cost x 80%=Assessed value

Year 2 Original cost x 60%=Assessed value

Year 3 Original cost x 40%=Assessed value

Year 4 Original cost x 30%=Assessed value

Year 5 and thereafter Original cost x 20%=Assessed value.

FULL TEXT

• 01/21/99  House: Presented & ordered printed 990696298  pdf

HISTORY

• 01/21/99  House: Presented & ordered printed 990696298
• 01/21/99  House: Referred to Committee on Finance
• 01/25/99  House: Assigned to Finance sub-committee: 2
• 02/01/99  House: Passed by indefinitely in Finance (24-Y 0-N)