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Senate Bill 0485
ARCHIVE (2004)
Latest Information
| | DIGEST OF INTRODUCED BILL
Inventory taxation. Eliminates the property tax exemption for inventory used in the production of personal property shipped out of state and replaces the exemption with a property tax replacement credit. Excludes the inventory subject to the credit from the statewide deduction for inventory scheduled to take effect in 2007. |
Current Status:
| | In Committee - first House |
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