HR 717 · 98th Congress · Foreign Trade and International Finance
A bill to provide that certain property held in foreign-trade zones shall be exempt from State and local ad valorem taxation.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Committee Consideration and Mark-up Session Held.(1983-06-23)
Plain Language Summary
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Exempts from State and local ad valorem taxation: (1) tangible personal property imported from outside the United States and held in a foreign-trade zone for certain purposes; and (2) tangible personal property produced in the United States and held in a zone for exportation.…
Summarized by Claude AI · Non-partisan · For informational purposes only