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2007 SESSION
SB 1058 Real estate tax; exempts historic landmarks used for commercial or industrial property.
Introduced by: John C. Watkins | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Local real estate tax exemptions. Provides that any person who substantially changes real estate, upon which a historic landmark was formerly situated, into commercial or industrial use property shall be eligible for a partial exemption from real estate taxes for the commercial or industrial property provided that such person was not the party who demolished the historic landmark.
FULL TEXT
HISTORY
- 01/09/07 Senate: Prefiled and ordered printed; offered 01/10/07 077486840
- 01/09/07 Senate: Referred to Committee on Finance
- 02/07/07 Senate: Left in Finance