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2008 SESSION
HB 215 Real estate tax; classification of residential property.
Introduced by: Kenneth C. Alexander | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Classification of taxable real property. Permits localities to tax residential property at a lower tax rate than that imposed on the general class of real property by creating a separate classification for taxation purposes. If a locality imposes a lower tax rate on residential property, then thereafter the locality shall not increase the rate of taxation on the general class of real property.
FULL TEXT
HISTORY
- 12/27/07 House: Prefiled and ordered printed; offered 01/09/08 088361408
- 12/27/07 House: Referred to Committee on Finance
- 01/15/08 House: Assigned Finance sub: 1
- 02/07/08 House: Continued to 2009 in Finance by voice vote