PROP TX-ABATE MIXED USE

Session: 103rd General Assembly
Year: 2023
Bill #: HB1218
Category: Revenue
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

View bill

Summary as Introduced

Amends the Property Tax Code. Provides that a taxing district may abate a portion of its taxes on property upon which affordable housing has been or will be constructed in a development mixed with commercial property. Provides that the value of the abatement may not exceed $500,000.



Back to Bill List