Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
Section 7-231 - Personal property - Vessels(a) As used in this section, "vessel" includes a ship, boat, or watercraft.(b) A vessel is not subject to valuation or to property tax if the vessel is:(1) not more than 100 feet in length; or(2) regularly used in whole or in part in commerce outside the State.