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2015 SESSION

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SB 1031 Real property tax exemption; certain leasehold interests.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Real property tax exemption; certain leasehold interests. Authorizes localities to exempt from real property tax the leasehold interest in property in which the lessor is exempt from real property tax and the lessee is entitled to federal rehabilitation tax credits related to the property and uses the property for charitable, literary, scientific, cultural, or educational purposes. The bill is identical to HB 1766.


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