SB830 - Reduces assessed valuation percentage for industrial retooling or pollution control equipment

SB 0830

Reduces assessed valuation percentage for industrial retooling or pollution control equipment

Sponsor:	Mathewson
LR Number:	S3586.01I	Fiscal Note:	3586-01
Committee:	Local Government and Economic Development
Last Action:	02/10/98 - Voted Do Pass S Local Government & Economic		Journal page:
	Development Committee
Title:
Effective Date:	August 28, 1998

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Current Bill Summary

SB 830 - This act reduces the assessed valuation percentage to twenty five percent for equipment used for industrial retooling or pollution control. The act also establishes a depreciation schedule for assessing tangible personal property used in the fabrication of computer microelectronic chips.
RUSS HEMBREE