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2020 SESSION
SB 727 Real estate tax; exemption for property in redevelopment or conservation areas.
Introduced by: Jennifer L. McClellan | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Real estate tax exemption for property in redevelopment or conservation areas or rehabilitation districts. Increases the maximum duration of a local real estate tax exemption for structures in redevelopment or conservation areas or rehabilitation districts from 15 to 30 years. This bill is identical to HB 537.
FULL TEXT
- 01/07/20 Senate: Prefiled and ordered printed; offered 01/08/20 20102179D pdf | impact statement
- 02/19/20 Senate: Bill text as passed Senate and House (SB727ER) pdf | impact statement
- 03/02/20 Governor: Acts of Assembly Chapter text (CHAP0066) pdf
HISTORY
- 01/07/20 Senate: Prefiled and ordered printed; offered 01/08/20 20102179D
- 01/07/20 Senate: Referred to Committee on Finance and Appropriations
- 01/21/20 Senate: Reported from Finance and Appropriations (16-Y 0-N)
- 01/22/20 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/23/20 Senate: Read second time and engrossed
- 01/24/20 Senate: Read third time and passed Senate (39-Y 0-N)
- 02/12/20 House: Placed on Calendar
- 02/12/20 House: Read first time
- 02/12/20 House: Referred to Committee on Finance
- 02/12/20 House: Reported from Finance (12-Y 9-N)
- 02/14/20 House: Read second time
- 02/17/20 House: Read third time
- 02/17/20 House: Passed House (53-Y 44-N)
- 02/17/20 House: VOTE: Passage (53-Y 44-N)
- 02/19/20 Senate: Enrolled
- 02/19/20 Senate: Bill text as passed Senate and House (SB727ER)
- 02/19/20 House: Signed by Speaker
- 02/20/20 Senate: Signed by President
- 02/24/20 Senate: Enrolled Bill Communicated to Governor on February 24, 2020
- 02/24/20 Governor: Governor's Action Deadline 11:59 p.m., March 2, 2020
- 03/02/20 Governor: Approved by Governor-Chapter 66 (effective 7/1/20)
- 03/02/20 Governor: Acts of Assembly Chapter text (CHAP0066)