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2013 Senate Bill 552: Exempt oil and gas well machinery from business tools tax
Introduced by Sen. Jack Brandenburg R-Harrison Twp on September 25, 2013
To exempt machinery, pipelines, tanks, and other equipment used in drilling and operating oil and gas wells from the state property tax imposed on business tools and equipment (“personal property tax”). Official Text and Analysis.
Referred to the Senate Finance Committee on September 25, 2013
Reported in the Senate on December 11, 2013
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.