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AI Summary: The bill aims to provide a property tax exemption for specified real property. It outlines the conditions under which this exemption would apply and the qualifying criteria for properties eligible for this benefit. The main provisions focus on defining the scope of real property that can receive the exemption and specifying the process for applying for and implementing this tax relief. This bill could have a significant impact on property owners by reducing their tax burden on certain types of real estate assets.
Latest Action: Bill Number Assigned
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Actions (8):
2024-02-13 : Bill Number Assigned
2024-02-14 : Received for Introduction
2024-02-15 : Introduced and Referred to S01 - Judiciary 27-4-0-0-0
2024-02-21 : S01 - Judiciary:Recommend Do Pass 4-0-1-0-0
2024-02-21 : :Rerefer to S02 - Appropriations
2024-02-21 : S02 - Appropriations:Recommend Do Pass 5-0-0-0-0
2024-02-21 : Placed on General File
2024-02-23 : COW:S Did not consider for COW
Democrat Republican