SB 0762 Creates property tax exemption for makers of stamp and die cast products and clarifies liens in such products
LR Number:2814L.01I Fiscal Note:2814-01
Committee:Ways and Means
Last Action:02/01/00 - Hearing Conducted S Ways & Means Committee Journal page:
Effective Date:August 28, 2000
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Current Bill Summary

SB 762 - This act creates a property tax exemption for manufacturers of various stamp and die cast products who are in possession of such products pending transfer of possession to a customer. It also makes technical changes clarifying a manufacturer's lien in such products. It creates a new section defining the respective rights and responsibilities of buyer and seller of such products after the buyer has ceased using them.