Digest: The Act makes all farm machinery tax exempt. (Flesch Readability Score: 66.1).
Removes the requirement that farm machinery and equipment be tangible personal property for the purposes of exemption from ad valorem property taxation.
Takes effect on the 91st day following adjournment sine die.

Statutes affected:
Introduced: 307.394
A-Engrossed: 307.394
Enrolled: 307.394