Section 27-35-709 - Local levy and collection of tax on apportioned valuation

The local taxing entity or entities to which the value of aircraft is apportioned under the provisions of Section 27-35-707 shall levy and collect a tax upon such apportioned valuation as it would upon any other taxable property subject to taxation by that entity or entities.Codes, 1942, § 9853-05; Laws, 1968, ch. 594, § 5, eff. 7/30/1968.