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HB 0290 - Ad Valorem Tax - Exemption for Lease-Purchase Farm Equipment
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Tracking Level: Neutral
Sponsor: Sam Watson (R)
Last Action: 7/1/2017 - Effective Date
House Committee: Ways & Means
Senate Committee: Finance
Assigned To:
Larry RamseyNext Bill
Property TaxNext Bill

Staff Analysis of the Legislation

This bill clarifies the existing ad valorem tax exemptions for agricultural equipment that is included in a lease-purchase agreement and used in farm production by a family owned qualified farm products producer.

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

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