Beginning December 31, 2015, qualified new personal property and qualified previously existing personal property is exempt from taxation. Line 3: You must report all personal property items to the Assessor of the jurisdiction in which they are located on December 31st of the prior year.If you are record- ing a beneficial interest transfer, do not complete this step. This Treatment Improvement. Protocol (TIP) reflects a fundamental rethinking of the concept of motivation as a dynamic process, not a static client trait. Personal value—of each. You must also list the name of the party you believe to be responsible for reporting this property. Please refer to the LCD for reasonable and necessary requirements. We exist to help people thrive Advancing health and nutrition is what we do best and care about most.