(1) Mobile homes used for residential purposes | 111/2% |
(2) Mineral leasehold interests except oil leasehold interests the averagedaily production from which is five barrels or less, and natural gasleasehold interests the average daily production from which is 100mcf or less, which shall be assessed at 25% | 30% |
(3) Public utility tangible personal property including inventoriesthereof, except railroad personal property including inventoriesthereof, which shall be assessed at the average rate all other commercial and industrial property is assessed | 33% |
(4) All categories of motor vehicles not defined and specifically valued and taxed pursuant to law enacted prior to January 1, 1985 | 30% |
(5) Commercial and industrial machinery and equipment which, if its economic life is seven years or more, shall be valued at its retail cost when new less seven-year straight-line depreciation, or which, if itseconomic life is less than seven years, shall be valued at its retail cost when new less straight-line depreciation over its economic life, except that, the value so obtained for such property, notwithstandingits economic life and as long as such property is being used, shall not be less than 20% of the retail cost when new of such property | 25% |
(6) All other tangible personal property not otherwise specifically classified | 30% |
(b) All property used exclusively for state, county, municipal, literary, educational, sci-