1st Sub. H.B. 77
         PERSONAL PROPERTY TAX AMENDMENTS

house floor Amendments

Amendment 1 January 23, 2008 4:00 pm



Representative John Dougall proposes the following amendments:

1.    Page 10, Lines 299 through 301
    House Committee Amendments
    1-22-2008 :    

             299          (c) If a taxpayer's expensed personal property is audited in accordance with Subsection
             300      59-2-306 (3), a taxpayer shall provide proof of the acquisition
{   price   }        cost       of the expensed personal

             301      property.

2.    Page 18, Lines 529 through 535 :    

             529          (1) [(a)] Before June 1 of each year, the county assessor of each county shall deliver to
             530      the county auditor and the commission the following statements:
             531          [(i)] (a) a statement containing the aggregate valuation of all taxable real property
  assessed by a county assessor in accordance with Part 3, County Assessment, for            {   in   }

             532      each taxing entity; and
             533          [(ii)] (b) a statement containing the taxable value of [any additional] all personal
             534      property
  assessed by the county assessor in accordance with Part 3, County Assessment,       [estimated by the county assessor to be subject to taxation in the current year] from

             535      the prior year end values.

3.    Page 19, Line 583 through Page 20, Line 584 :    

             583          (Aa) for new growth from real property
  assessed by a county assessor in accordance with Part 3, County Assessment and all property assessed by the commission in accordance with Section 59-2-201       , the current calendar year[.]; and

             584          (Bb) for new growth from personal property
  assessed by a county assessor in accordance with Part 3, County Assessment       , the prior calendar year.

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