Bill Title: Amends the Property Tax Code. Provides that the abatement for property located in an area of urban decay also applies to newly remodeled single-family or duplex residential dwelling units (currently, only newly constructed single-family or duplex dwelling units). Provides that provisions requiring the abatement to be reduced in 20% increments annually during the last 4 years of the abatement period apply only to abatements granted prior to the effective date. Effective immediately.

Spectrum: Slight Partisan Bill (Republican 4-2)

Status: (Enrolled) 2024-05-16 - Passed Both Houses [SB2936 Detail]

Text: Latest bill text (Enrolled) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	Third Reading in House	2024-05-16	111	1	0	0	112	Passed	Link	View
Senate	Third Reading in Senate	2024-04-09	53	0	6	0	59	Passed	Link	View

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