2001 Senate Bill 914 ↩

House Roll Call 1257: Passed

To replace references to the auditor general with references to the state treasurer in the General Property Tax Act, and revise a new law classifying leasehold improvements as personal property rather than real property. Tax assessors would be required under the bill to separately itemize leasehold improvements, so owners and lessees could properly apportion the tax. Also. to clarify a provision of law relating to the consideration in overall community property value of local parks which exclude non-residents, which are considered non-tax exempt under current regulations.