| SB 1275 | Establishes depreciation tables for television broadcasting equipment |
| Sponsor: | Vogel | |||
| LR Number: | 4632S.01I | Fiscal Note: | 4632-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 03/16/04 - Hearing Conducted S Ways & Means Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2004 | |||
SB 1275 - This act sets the true value in money for assessment of television broadcasting equipment at a value determined based upon the historical cost of the item as depreciated. The depreciation is set by the act in a series of tables. Tables are provided for both analog and digital equipment.
Similar provisions are contained in SB 1394 (TAT)(2004).
JEFF CRAVER