Bill Title: Property taxation; redevelopment district tax increment use authorized to convert vacant or underused commercial or industrial buildings to residential purposes, rules provided for calculating original net tax capacity of property to be converted from commercial or industrial to residential purposes, and district exemptions established to convert vacant or underused commercial or industrial purposes from the market value finding requirement.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced) 2024-03-07 - Introduction and first reading, referred to Taxes [HF4747 Detail]

Text: Latest bill text (Introduced) [PDF]

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