Allow a Municipality To Opt Out of Collecting Personal Property and Business Equipment Taxes

Last updated: Feb 17, 2019

Details about this bill
Category: Taxation
Status: In Committee
Sponsor: Representative Tim Theriault, House 79
Session: 129
Bill #: LD 824

Position:

Monitoring.

Summary:

This bill allows a municipality, by referendum, to exempt all personal property, including business equipment, located in that municipality from assessment and collection of tax by that municipality.