Modifies provisions relating to the assessment of certain stationary property

Based solely on the provided context, SB 427 has no substantive description beyond its title and abstract ("Modifies provisions relating to the assessment of certain stationary property"). The bill is currently in the early stages of the legislative process (prefiled, first read, referred to committee), but the context does not specify what particular assessment provisions are being modified, which types of property or entities are directly affected, or the key mechanisms of the changes. Without additional details in the provided information, a substantive summary of the bill's policy content cannot be generated.