SB 305 Authorizes telephone companies to elect to have their tangible personal property assessed in accordance with a depreciation schedule
Sponsor: Onder
LR Number: 1576S.01I Fiscal Notes
Committee: Commerce, Consumer Protection, Energy and the Environment
Last Action: 5/15/2015 - S Informal Calendar S Bills for Perfection--SB 305-Onder Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2015

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Current Bill Summary


SB 305 - Currently, telephone companies have their tangible personal property assessed in the same manner as railroads. This act allows telephone companies to annually elect to have their tangible personal property assessed in accordance with depreciation schedules.

This act is substantially similar to HCS/HB 857 (2015). This act is substantially similar to a provision in SCS/HCS/HB 299 (2015) and SS/SB 339 (2015).

MIKE HAMMANN