Bill Status of SB1237 103rd General Assembly
Short Description: PROPERTY TX-ABATEMENT
Sen. Win Stoller
| 2/2/2023||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
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.
|Date||Chamber|| Action|| 2/2/2023||Senate||Filed with Secretary by Sen. Win Stoller|| 2/2/2023||Senate||First Reading|| 2/2/2023||Senate||Referred to Assignments|