We have some improvements in the works that we're excited for you to experience.
Click here
to try our new, faster beta site.
We will be maintaining our current version of the site until the middle of CY 2023,
so you can switch back as our improvements continue.
Property tax abatements. Removes the 2009 expiration of the property tax abatement for the creation or retention of jobs resulting from the development, redevelopment, or rehabilitation of real property or the purchase of personal property. Provides that, for an increase in assessed value of more than $1,000,000, the abatement is provided over five years. (Current law provides that the abatement is provided over three years regardless of the increase in assessed value.)
