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HB 1268 IN

Taxation of self-service storage facilities.

IN · session 2022 · Assembly / House · bill

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Introduced Jan 10, 2022

Latest action (Jan 10, 2022) First reading: referred to Committee on Ways and Means

Summary

Provides that the true tax value of a self-service storage facility for property tax purposes shall be determined by the cost approach less normal depreciation and normal obsolescence under the rules and guidelines of the department of local government finance. Specifies other conditions applicable to the valuation of self-service storage facilities for property tax purposes. Defines "self-service storage facility".

Sponsor (1)
1 coauthor / cosponsor
  • Mike Speedy · coauthor

Action history (3)
  1. Jan 10, 2022 Coauthored by Representative Speedy · lower
  2. Jan 10, 2022 Authored by Representative Lehman · lower
  3. Jan 10, 2022 First reading: referred to Committee on Ways and Means · lower
Subjects
STORAGETAXES generally

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 7, 2022 · PDF

Full text

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