Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2015
Property Tax Annotations
205.0000 BUSINESS INVENTORY EXEMPTION
205.0059 Gas Cylinders. Gas cylinders available for the sale of their contents are not eligible for the exemption because they are not intended for sale or lease in the ordinary course of business. Rather, the cylinders are merely being provided by distributors as returnable containers used to facilitate the sales of the contents. C 12/4/1984.