2005 Senate Bill 526

Authorize local homestead property tax reductions

Introduced in the Senate

May 24, 2005

Introduced by Sen. Bob Emerson (D-27)

To allow local governments to give temporary property tax breaks to those who bought a principle residence between 1999 and 2005 in certain neighborhoods designated as neighborhood enterprise zones. The tax breaks could last from six to 15 years.

Referred to the Committee on Finance