Real estate tax; exempts historic landmarks used for commercial or industrial property. (SB1058)
Introduced By
Sen. John Watkins (R-Midlothian)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Local real estate tax exemptions. Provides that any person who substantially changes real estate, upon which a historic landmark was formerly situated, into commercial or industrial use property shall be eligible for a partial exemption from real estate taxes for the commercial or industrial property provided that such person was not the party who demolished the historic landmark. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/09/2007 | Prefiled and ordered printed; offered 01/10/07 077486840 |
01/09/2007 | Referred to Committee on Finance |
01/20/2007 | Impact statement from TAX (SB1058) |