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2015 SESSION
SB 1448 Community development authorities; tax levied or assessment imposed by locality.
Introduced by: Jill Holtzman Vogel | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
Community development authorities. Provides that any special tax levied or any special assessment imposed by a locality pursuant to an agreement with a community development authority, whether previously or hereafter levied or imposed, constitutes a lien on real estate ranking on parity with real estate taxes, and any such delinquent special tax or delinquent special assessment may be collected in accordance with established procedures. The bill contains an emergency clause.
SUMMARY AS INTRODUCED:
Community development authorities. Provides that any special tax levied or any special assessment imposed by a locality pursuant to an agreement with a community development authority, whether previously or hereafter levied or imposed, constitutes a lien on real estate ranking on parity with real estate taxes, and any such delinquent special tax or delinquent special assessment may be collected in accordance with established procedures. The bill contains an emergency clause.