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House Bill 1318
ARCHIVE (2006)
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  | DIGEST OF HB1318 (Updated February 2, 2006 5:23 pm - DI 84) Property tax abatement. Allows a designating body to grant a property tax abatement deduction to the owner of a building that is located in an economic revitalization area and has been vacant for at least one year, if the owner or a tenant of the owner occupies the building and uses the building for commercial or industrial purposes. Provides that the deduction may not be allowed for more than five years. |
Current Status:
  | In Committee - 2nd House |
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