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Committee considers bill to eliminate supplemental manual for valuing agricultural implements
2394382 · February 25, 2025
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Summary
House Bill 108 would remove the statutory requirement for the Department of Revenue to develop a supplemental manual for valuing agricultural implements and machinery; the department said it already relies on commercial valuation services and acquisition-year cost methods.
Representative Eric Tillman opened testimony on House Bill 108, which would eliminate the statutory requirement that the Department of Revenue produce a supplemental manual to value agricultural implements and machinery. “This bill will eliminate the requirement that the…
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