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House Bill 1244


House Bill 1244

ARCHIVE (2005)

Latest Information

DIGEST OF INTRODUCED BILL


Tax abatements. Permits a city, town, or county to approve property tax abatements anywhere within its jurisdiction (instead of limiting abatements to economic revitalization areas). Moves existing provisions concerning property tax abatements in residentially distressed areas to a new chapter. Repeals the prohibition against approving a statement of benefits for a property tax abatement after December 31, 2005.
Current Status:
In Committee - first House
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