|SB 0104||Authorizes state income tax credit for property tax paid on manufacturing equipment or machinery|
|LR Number:||S0063.01I||Fiscal Note:||0063-01|
|Committee:||Ways and Means|
|Last Action:||03/09/99 - Hearing Conducted S Ways & Means Committee||Journal page:|
|Effective Date:||August 28, 1999|
SB 104 - This act authorizes an income tax credit in an amount equal to twenty percent of the property taxes paid on manufacturing equipment or machinery purchased after December 31, 1999.
The act is similar to SB 949 (1998).