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1999 SESSION

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HJ 167 Constitutional amendment; exemption of personal property.

Introduced by: Robert D. Hull | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Constitutional amendment (first resolution); exemption of personal property from taxation. Allows the General Assembly, by general law, to exempt all or a portion of any class of personal property from local taxation and requires such law to include a reimbursement to local governments by the Commonwealth for the total revenues lost due to such an exemption, including future growth.


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