Emily McAsey
- Democratic
Primary
Amends the Property Tax Code. In a Section regarding property tax exemptions for charitable purposes, provides that property held by a charitable organization for the purpose of constructing or rehabilitating residences for eventual transfer to qualified low-income families through sale, lease, or contract for deed is exempt from property tax as a charitable purpose. Provides that the exemption commences on the day title to the property is transferred to the organization and continues to the end of the levy year in which the organization transfers title to the property to a qualified low-income family. Effective immediately.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
To Property Tax Subcommittee
Added Chief Co-Sponsor Rep. Robert W. Pritchard
Added Chief Co-Sponsor Rep. Joe Sosnowski
Added Chief Co-Sponsor Rep. John M. Cabello
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. Emily McAsey
Referred to Rules Committee
First Reading
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