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2009 SESSION
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.
FULL TEXT
HISTORY
- 01/13/09 Senate: Prefiled and ordered printed; offered 01/14/09 096729232
- 01/13/09 Senate: Referred to Committee on Finance
- 02/11/09 Senate: Passed by indefinitely in Finance (16-Y 0-N)