HB537
Real estate tax; exemption for property in redevelopment or conservation areas.
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.-
Bill History
- 01/05/2020 - House: Prefiled and ordered printed; offered 01/08/20 20102238D
- 01/05/2020 - House: Referred to Committee on Finance
- 01/15/2020 - House: Impact statement from TAX (HB537)
- 01/16/2020 - House: Assigned Finance sub: Subcommittee #2
- 01/20/2020 - House: Subcommittee recommends reporting (5-Y 4-N)
- 01/22/2020 - House: Reported from Finance (12-Y 9-N)
- 01/24/2020 - House: Read first time
- 01/27/2020 - House: Read second time and engrossed
- 01/28/2020 - House: Read third time and passed House (55-Y 42-N)
- 01/28/2020 - House: VOTE: Passage (55-Y 42-N) Close Floor Vote
- 01/29/2020 - Senate: Constitutional reading dispensed
- 01/29/2020 - Senate: Referred to Committee on Finance and Appropriations
- 02/18/2020 - Senate: Reported from Finance and Appropriations (11-Y 0-N)
- 02/19/2020 - Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/20/2020 - Senate: Read third time
- 02/20/2020 - Senate: Passed Senate (39-Y 1-N)
- 02/25/2020 - House: Enrolled
- 02/25/2020 - House: Bill text as passed House and Senate (HB537ER)
- 02/25/2020 - House: Signed by Speaker
- 02/26/2020 - House: Impact statement from TAX (HB537ER)
- 02/26/2020 - Senate: Signed by President
- 03/03/2020 - House: Enrolled Bill communicated to Governor on March 3, 2020
- 03/03/2020 - Governor: Governor's Action Deadline 11:59 p.m., March 10, 2020
- 03/10/2020 - Governor: Approved by Governor-Chapter 246 (effective 7/1/20)
- 03/10/2020 - Governor: Acts of Assembly Chapter text (CHAP0246)
