Summary of the Introduced Bill

HB 1680 -- Depreciation of Tangible Personal Property

Sponsor:  Sutherland

This bill sets a table of depreciation for certain business-use
tangible personal property to be used by assessors for personal
property tax assessment.  The bill lays out the percentage of the
property's original value to be used to calculate the depreciated
value throughout the anticipated economic life of the property.

Copyright (c) Missouri House of Representatives

redbar
Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:16 am