SB3125 — Business taxes; eliminate inventory tax and personal property tax on business, and set annual local privilege tax at $10 total.

SB3125 — Business taxes; eliminate inventory tax and personal property tax on business, and set annual local privilege tax at $10 total. · Informed CitizenrySB3125 proposes to exempt the full assessed value of commodities, raw materials, work-in-process, and merchandise held for resale by manufacturers, distributors, and wholesalers from ad valorem tax…Open in Informed Citizenry