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S 0243 - Exempts a certain percentage of the fair market value of manufacturing property

Tracking Level: Of Interest
Sponsor: Sean Bennett (R)
Last Action: 1/13/2015 - Senate - Referred to Committee on Finance
Senate Committee:
Assigned To:
Property TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Exempts a 42.75 percent of the fair market value of manufacturing property for the purpose of property taxes. The bill also phases in the exemption over five years.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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