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2020 SESSION

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HB 537 Real estate tax; exemption for property in redevelopment or conservation areas.

Introduced by: Betsy B. Carr | 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 SB 727.

FULL TEXT

• 01/05/20  House: Prefiled and ordered printed; offered 01/08/20 20102238D  pdf | impact statement
• 02/25/20  House: Bill text as passed House and Senate (HB537ER)  pdf | impact statement
• 03/10/20  Governor: Acts of Assembly Chapter text (CHAP0246)  pdf

HISTORY

• 01/05/20  House: Prefiled and ordered printed; offered 01/08/20 20102238D
• 01/05/20  House: Referred to Committee on Finance
• 01/16/20  House: Assigned Finance sub: Subcommittee #2
• 01/20/20  House: Subcommittee recommends reporting (5-Y 4-N)
• 01/22/20  House: Reported from Finance (12-Y 9-N)
• 01/24/20  House: Read first time
• 01/27/20  House: Read second time and engrossed
• 01/28/20  House: Read third time and passed House (55-Y 42-N)
• 01/28/20  House: VOTE: Passage (55-Y 42-N)
• 01/29/20  Senate: Constitutional reading dispensed
• 01/29/20  Senate: Referred to Committee on Finance and Appropriations
• 02/18/20  Senate: Reported from Finance and Appropriations (11-Y 0-N)
• 02/19/20  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/20/20  Senate: Read third time
• 02/20/20  Senate: Passed Senate (39-Y 1-N)
• 02/25/20  House: Enrolled
• 02/25/20  House: Bill text as passed House and Senate (HB537ER)
• 02/25/20  House: Signed by Speaker
• 02/26/20  Senate: Signed by President
• 03/03/20  House: Enrolled Bill communicated to Governor on March 3, 2020
• 03/03/20  Governor: Governor's Action Deadline 11:59 p.m., March 10, 2020
• 03/10/20  Governor: Approved by Governor-Chapter 246 (effective 7/1/20)
• 03/10/20  Governor: Acts of Assembly Chapter text (CHAP0246)