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House Bill 1101


House Bill 1101

ARCHIVE (2003)

Latest Information

 

DIGEST OF INTRODUCED BILL


Payments in lieu of taxes. Requires the department of natural resources to make a semiannual payment in lieu of property taxes (PILOT) for land owned or leased by the department in Brown County. For purposes of calculating a PILOT, the land is considered to have an assessed value of $1,050 per acre. Makes an annual and continuing appropriation for a PILOT from the state general fund.
Current Status:
 In Committee - first House
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