11 |
(1) |
Mobile homes used for residential purposes |
111/2% |
12 |
(2) |
Mineral leasehold interests except oil leasehold interests the
average dailyproduction from which is five barrels or less, and
natural gas leaseholdinterests the average daily production from
which is 100 mcf or less, whichshall be assessed at 25% |
30% |
13 |
(3) |
Public utility tangible personal property including inventories
thereof, ex-cept railroad personal property including inventories
thereof, which shallbe assessed at the average rate all other
commercial and industrial propertyis assessed |
33% |
14 |
(4) |
All categories of motor vehicles not defined and specifically
valued andtaxed pursuant to law enacted prior to January 1,
1985 |
30% |
15 |
(5) |
Commercial and industrial machinery and equipment which, if its
economiclife is seven years or more, shall be valued at its retail
cost when new lessseven-year straight-line depreciation, or which,
if its economic life is lessthan seven years, shall be valued at
its retail cost when new less straight-line depreciation over its
economic life, except that, the value so obtainedfor such property,
notwithstanding its economic life and as long as suchproperty is
being used, shall not be less than 20% of the retail cost whennew
of such property |
25% |
16 |
(6) |
All other tangible personal property not otherwise specifically
classified |
30% |
17