Introduced House Bill (H)

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DIGEST

Personal property tax deduction. Provides an assessed value deduction to offset the effects of the 30% minimum personal property tax depreciation floor for depreciable personal property or utility distributable property for property newly acquired or installed after the 2014 assessment date. Personal property tax deduction. Provides an assessed value deduction to offset the effects of the 30% minimum personal property tax depreciation floor for depreciable personal property or utility distributable property for property newly acquired or installed after the 2014 assessment date.