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House Bill 1683


House Bill 1683

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


Payments in lieu of taxes. Provides that for taxable years beginning after December 31, 2006, payments in lieu of taxes (PILOTS) collected by a political subdivision for property used to provide low income housing may be deposited in the political subdivision's: (1) affordable housing fund; or (2) general fund; at the discretion of the governing body of the political subdivision.
Current Status:
 In Committee - first House
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