Bill Summaries: H628 (2011-2012 Session)

Tracking:
  • Bill H 628 (2011-2012)
    Summary date: Apr 5 2011 - View summary

    Directs the Revenue Laws Study Committee to study incentives similar to tools for farmland preservation, brownfields redevelopment, historic preservation, and land conservation to stimulate “development ready” sites. The study shall include discussion of property tax relief using agricultural use value taxation for development ready sites as well as income tax deductions or credits. Authorizes appointment of an advisory subcommittee consisting of specified economic development interests. Report to be made to the 2012 Regular Session of the General Assembly.
    Land Use, Planning and Zoning, General Assembly, Tax
    STUDY

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