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2024 SESSION

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HB 705 Personal property tax; removes sunset date.

Introduced by: Michael J. Webert | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Personal property tax; classification; sunset date. Removes the sunset date from the provision of law that authorizes localities to classify most motor vehicles as a class of property subject to a different rate of tax or rate of assessment from the rate applicable to the general class of tangible personal property. Under current law, such classification would expire beginning with taxable years beginning on or after January 1, 2025.


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