Amendment to SF0049 — Tangible personal property-index and depreciation.
Sponsor:
Chamber: House
Stage: Standing Committee
This amendment clarifies the treatment of tangible personal property depreciation by specifying that once property reaches the depreciation floor, the trending factor remains constant in subsequent years until the property is removed from service.
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H03 - Revenue:Recommend Amend and Do Pass 7-1-1-0-0
RecommendedYea: BROWN, CAMPBELL, LIEN, LUCAS, STYVAR, WHARFF, LOCKE
Nay: STORER
Excused: RIGGINS