Last Action:
03/06/2007 S Referred to Finance
Council Document:
80R 786 SMH-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation rent-to-own property not held by the lessee primarily to produce income and to prescribe the method to be used to depreciate taxable rent-to-own property for tax appraisal purposes.
Author:
Carona
Subjects:
Business & Commerce--General (I0050)
Property Interests--Personal Property (I0600)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Companion:
Enabling Information:
Enabling legislation is SB 733.
Senate Committee:
Senate Committee Status:
In committee
