Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Property Tax Annotations


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S

755.0000 STATE-ASSESSED PROPERTY

Annotation 755.0003

755.0003 Business Inventory Exemption. Materials and supplies are eligible for the exemption when used by private car companies to maintain and repair private railcars (personalty) that are held for rental to railroads are eligible for the business inventory exemption. C 10/24/1996.