SB 776 - Kraus, Will
Eliminates a provision regarding how leases of commercial property at airports are assessed for property tax purposes
Bill Details
Sponsor
LR Number
5771S.01I
Title
SB 776
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2012
Committee
Current Status
Hearing Conducted S Ways and Means and Fiscal Oversight Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 776 - This act eliminates a provision of law that allows taxpayers leasing commercial property at certain publicly-owned airports to decrease the value of the lease for real estate property tax assessment purposes by the cost of any new construction or improvements to the property.
EMILY KALMER