SB 1275
Establishes depreciation tables for television broadcasting equipment
Sponsor:
LR Number:
4632S.01I
Committee:
Last Action:
3/16/2004 - Hearing Conducted S Ways & Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2004

Current Bill Summary

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).

JEFF CRAVER

Amendments

No Amendments Found.