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House Bill 1143


House Bill 1143

ARCHIVE (2006)

Latest Information

 

DIGEST OF INTRODUCED BILL


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 180 days, 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 - first House
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