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2000 SESSION

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HB 776 Taxation on improvement to real property; City of Fairfax.

Introduced by: John H. Rust, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Taxation on improvement to real property; City of Fairfax. Permits any city having a population no less than 19,500 and no greater than 21,000 to provide for the partial exemption from real estate taxes in an amount up to 50 percent of all improvements on commercial real property whose improvements, by virtue of age and use, have undergone substantial renovation, rehabilitation, or replacement.


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