LD 1606
pg. 2
Page 1 of 2 An Act to Make Manufacturing Real Estate Eligible for Business Equipment Proper... LD 1606 Title Page
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LR 2488
Item 1

 
particular trade or business activities taking place in or on
the land.__In the case of construction in progress or
inventory parts, the term "used" means intended to be used; or

 
B.__Real property first acquired as or first used as a
manufacturing facility on or after April 1, 2000.

 
SUMMARY

 
This bill adds real estate used for a manufacturing facility
to the business property tax reimbursement program. It applies
to real property first acquired or first used as a manufacturing
facility on or after April 1, 2000.


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