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2022 SESSION
HJ 58 Constitutional amendment; taxation and finance, longtime owner-occupant tax relief program.
Introduced by: Betsy B. Carr | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Constitutional amendment (first reference); taxation and finance; longtime owner-occupant tax relief program. Directs the General Assembly to implement a tax relief program by which longtime owner-occupants of real property are granted a total or partial exemption from local real property taxation of real estate the market value of which has increased as a consequence of the refurbishment or renovation of other residences or the construction of new residences in long-established residential areas or areas of deteriorated, vacant, or abandoned homes and properties.
FULL TEXT
HISTORY
- 01/11/22 House: Prefiled and ordered printed; offered 01/12/22 22103333D
- 01/11/22 House: Referred to Committee on Privileges and Elections
- 02/15/22 House: Left in Privileges and Elections