SB 0135 Exempts certain leased personal property from taxation
LR Number:0069S.01I Fiscal Note:0069-01
Committee:Financial and Governmental Organization, Veterans' Affairs & Elections
Last Action:03/03/03 - Hearing Conducted S Financial & Governmental Org., Journal page:
Veterans' Affairs & Elections Committee
Effective Date:August 28, 2003
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Current Bill Summary

SB 135 This act exempts from taxation certain personal property leased to the state or to any political subdivision or to any tax-exempt organization, provided that such property is regularly and exclusively used for religious, educational or charitable purposes.

This act is similar to SB 773 (2002).