2019 House Bill 4927 ↩

Senate Roll Call 325: Passed

To revise methods used by local governments to calculate the taxable value of commercial “personal property” (tools and equipment) and industrial property for purposes of receiving state reimbursement of foregone taxes under the complex system of exemptions and subsidies for property taxes that are levied these assets. This is part of a package comprised of House Bills 4926 to 4930.