Labels:book | daily | reckoner OCR: erty 43) equal gress The ir tux subsect the intent other tion treatment was jurisdiction. subsections to {b){1 with ensure As of the requires that general petitioner 11503(b) railroad railroad mass paints of confirm property out business that (Pet receive prop- Con- BI of taxed higher Subscci treated the lion rute for and Subsection than "hypothetical (b}(3} assessment industria the rate {b)(4} requires "average purposes at property which railroads the taxpayer the catch-all same to be as majority that the taxed jurisdiction 11 prohibits State. property com- no mercial Under subsection {b)1 the ratio of asessed value to market value average of ratin railroad assessod property value munt fo be murket within value five for all percent commercial of the and industrial property in the jurisdic ...
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