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a copy of the certificate together with an affidavit as prescribed | | by the State Tax Assessor, to be maintained in the seller's | | records, attesting to the qualification of the purchase for | | exemption pursuant to this section. In order to qualify for this | | exemption, the electricity or depreciable machinery or equipment | | must be used directly in commercial agricultural production, | | commercial fishing or commercial aquacultural production. |
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| | | Sec. 14. Appropriation. The following funds are appropriated from | | the General Fund to carry out the purposes of this Act. |
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| | | ADMINISTRATIVE AND FINANCIAL |
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| | | Tree Growth Tax Reimbursment |
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| | | Deappropriates funds to reflect the | | combination of the Tree Growth Tax | | Reimbursment program and new reimbursement for | | valuation under the farm and open space tax | | laws into a single program called the Current | | Use Valuation Tax Reimbursement program. |
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| | | Current Use Valuation Tax Reimbursment |
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| | | Appropriates funds to combine the Tree Growth | | Tax Reimbursment program with new funding for | | reimbursement of 90% of the revenue loss for | | valuation under the farm and open space tax | | laws. |
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| | | DEPARTMENT OF ADMINISTRATIVE AND |
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| | | FINANCIAL SERVICES | | ________ |
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| | | Sec. 15. Effective date. This Act takes effect July 31, 2000. |
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