15-6-138. Class eight property -- description -- taxable percentage. (1) Class eight property includes:
     (a) all agricultural implements and equipment;
     (b) all mining machinery, fixtures, equipment, tools that are not exempt under 15-6-201(1)(r), and supplies except those included in class five;
     (c) all manufacturing machinery, fixtures, equipment, tools that are not exempt under 15-6-201(1)(r), and supplies except those included in class five;
     (d) all trailers and semitrailers, including those prorated under 15-24-102, except those subject to taxation under 61-3-504(2) or exempt under 15-6-201(1)(v);
     (e) all goods and equipment intended for rent or lease, except goods and equipment specifically included and taxed in another class;
     (f) buses and trucks having a rated capacity of more than 1 ton, including those prorated under 15-24-102;
     (g) truck toppers weighing more than 300 pounds;
     (h) furniture, fixtures, and equipment, except that specifically included in another class, used in commercial establishments as defined in this section;
     (i) x-ray and medical and dental equipment;
     (j) citizens' band radios and mobile telephones;
     (k) radio and television broadcasting and transmitting equipment;
     (l) cable television systems;
     (m) coal and ore haulers;
     (n) theater projectors and sound equipment; and
     (o) all other property not included in any other class in this part, except that property subject to a fee in lieu of a property tax.
     (2) As used in this section, "coal and ore haulers" means nonhighway vehicles that exceed 18,000 pounds per axle and that are primarily designed and used to transport coal, ore, or other earthen material in a mining or quarrying environment.
     (3) "Commercial establishment" includes any hotel; motel; office; petroleum marketing station; or service, wholesale, retail, or food-handling business.
     (4) Class eight property is taxed at:
     (a) 9% of its market value for tax years ending on or before December 31, 1995;
     (b) 8% of its market value for tax year 1996;
     (c) 7% of its market value for tax year 1997; and
     (d) 6% of its market value for tax years beginning after December 31, 1997.

     History: En. Sec. 8, Ch. 693, L. 1979; amd. Sec. 62, Ch. 575, L. 1981; amd. Sec. 1, Ch. 278, L. 1983; amd. Sec. 1, Ch. 599, L. 1983; amd. Sec. 4, Ch. 516, L. 1985; amd. Sec. 3, Ch. 743, L. 1985; amd. Sec. 5, Ch. 453, L. 1987; amd. Sec. 1, Ch. 584, L. 1987; amd. Sec. 3, Ch. 611, L. 1987; amd. Sec. 2, Ch. 576, L. 1989; amd. Sec. 2, Ch. 598, L. 1989; amd. Sec. 5, Ch. 10, Sp. L. June 1989; amd. Sec. 1, Ch. 575, L. 1993; amd. Sec. 1, Ch. 570, L. 1995.