Concerns local government financing and acquisition of fire fighting apparatus and equipment.**

Summary

The bill revises the state’s asset‑usefulness schedule, establishing how long fire fighting apparatus, vehicles, and related equipment can be considered useful for financing and depreciation purposes. It applies to local governments that purchase or lease new fire engines, setting a 20‑year useful life, and provides similar timelines for other capital items. The change is intended to create uniform budgeting rules across municipalities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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