Heavy equipment property; authorize certain businesses to charge recovery fee on rental of.

Summary

The bill permits qualified heavy‑equipment rental businesses to charge renters a separate recovery fee of up to two percent of the rental charge for each piece of equipment. The fee must be shown on the invoice and can only be used to pay or reimburse ad valorem (property) taxes on the rental company's equipment. It would affect both rental companies and their customers across the state.

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