SF0049S2001

This amendment modifies the valuation methodology for tangible personal property by replacing 'acquisition value' with 'reported installed cost' and excludes certain property categories from the valuation index and depreciation schedule rules.

• Changes the baseline value used for the depreciation floor calculation from 'acquisition value' to 'reported installed cost' for tangible personal property. (Page 2, lines 1-2)
• Excludes from the valuation index and depreciation schedule requirements any property valued under W.S. 39-13-102(m) and mobile homes required to be titled under W.S. 31-2-501 through 31-2-508. (Page 2, lines 3-7)

AI-generated summary · Verify against the amendment text (PDF) · Notice a problem? Let us know