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2009 SESSION

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SB 1043 Roll-back taxes; locality to assess and collect for up to 15 years under value assessment program.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Use value assessment; roll-back taxes.  Allows counties, cities, and towns to assess and collect roll-back taxes for up to 15 years under a use value assessment program if all roll-back taxes, interest, and penalty are promptly deposited into a special fund and used to fund the locality's purchase of development rights program.


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