Latest Action:
Prefiled and ordered printed; offered 01/10/24 24102341D
The bill requires the Department of Housing and Community Development (DHCD) to conduct a study on the tax implications of local governing bodies implementing a tax based on land value. The purpose is to assess how such a tax could impact communities and provide valuable information for decision-making. This study aims to analyze the potential effects, benefits, and challenges associated with implementing a land value tax at the local level.
2024-01-09: Prefiled and ordered printed; offered 01/10/24 24102341D
2024-01-09: Referred to Committee on Rules
2024-02-01: Continued to 2025 in Rules by voice vote
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