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

DateAction
01/09/2007Prefiled and ordered printed; offered 01/10/07 077486840
01/09/2007Referred to Committee on Finance
01/20/2007Impact statement from TAX (SB1058)

Duplicate Bills

The following bills are identical to this one: HB3176.