The federal bill focuses on property tax exemptions, restrictions, and land value. It aims to address issues related to property taxation and land valuation. The bill likely includes provisions that could impact how property taxes are assessed, exemptions granted, and how land values are determined for tax purposes. This legislation may introduce changes to existing laws governing property taxes and could have significant implications for property owners, local governments, and the real estate market.
2024-03-12: Introduced
2024-04-02: Referred to committee: Ways and Means
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