Property Tax Exemption and Assessment: Manufacturing Equipment (Oppose – Mandate)

<p>Property Tax Exemption and Assessment: Manufacturing Equipment (Oppose – Mandate)</p><p> SJR 136 (Stuebe) proposes an amendment to the state constitution authorizing the Legislature to exempt certain manufacturing equipment from the tangible personal property tax or to allow manufacturing equipment to be assessed at less than just market value pursuant to an accelerated depreciation method established by general law. This proposed amendment requires 60 percent approval for passage. (<a href="mailto:ahughes@flcities.com">Hughes</a>)</p>