Comptroller, State - As enacted, adds to the list of companies for which the comptroller of the treasury may assess for taxation, and for state, county, and municipal purposes, all of the properties within the state owned, and all personal property used or leased, motor bus or truck companies, excluding towing companies, that meet certain criteria. - Amends TCA Title 4; Title 8; Title 9; Title 66 and Title 67.

Summary

HB 1515 adds motor bus and truck companies (but not towing firms) to the list of entities whose real and personal property can be taxed by the state. It also requires the comptroller to file assessment results by the first Monday in September and outlines how objections must be handled. The changes aim to ensure timely and consistent tax reporting for these transportation businesses.

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