PROP TX-ABATEMENT-RESIDENTIAL

Session: 103rd General Assembly
Year: 2023
Bill #: SB1902
Category: Revenue
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

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Summary as Introduced

Amends the Property Tax Code. Allows for an abatement of taxes if the property is included in a new residential construction development that is located in a county with fewer than 300,000 inhabitants. Effective immediately.



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