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House Bill 1316

House Bill 1316

ARCHIVE (2004)

Latest Information


Supplemental economic development income tax. Authorizes a county to increase the county economic development income tax to provide property tax relief for homeowners related to part or all of the inventory tax exemptions and deductions that reduce the total taxable assessed value in the county. Allows part of the tax devoted to homestead property tax relief to be raised from nonresidents who have a principal place of business in the county.
Current Status:
In Committee - first House
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