Summary of the Introduced Bill

HB 1164 -- Business Personal Property

Sponsor:  Smith (118)

This bill requires the value of depreciable tangible personal
property of all businesses for the purpose of property tax
assessment to be determined in the same manner as provided in the
United States Internal Revenue Code.  The code sets the value
based on depreciation schedules for various types of personal
property.

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am