Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
205.0000 BUSINESS INVENTORY EXEMPTION
205.0130 Plants. The exemption does not apply to plants not held for sale, whether annual or perennial. The harvested products thereof are, however, entitled to the exemption. The exemption is likewise applicable to nursery plants held for sale as living plants by nurseries, which plants are subject to taxation as personal property. OAG 11/7/1974 (No. CV 74-68, Vol. 57, p. 506).