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2001 SESSION
HJ 503 Constitutional amendment; property tax exemptions.
Introduced by: William J. Howell | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Constitutional amendment (first resolution); property tax exemptions. Allows local governing bodies to grant tax exemptions for property used for charitable and certain other purposes by local ordinance subject to restrictions and conditions as provided by general law enacted by the General Assembly. The present Constitution allows the General Assembly to exempt such property by classification or by designation by a three-fourths vote in each house.
SUMMARY AS INTRODUCED:
Constitutional amendment; property tax exemptions. Allows local governing bodies to grant property tax exemptions by local ordinance subject to restrictions and conditions prescribed by general law enacted by the General Assembly.