Introduced
by
To redefine "qualified local units of government" in the law that authorizes tax credits for the rehabilitation and reuse of "obsolete structures" so that it includes a city in the 25th state Senate district. This law "freezes" certain property selected by local governments at its pre-rehabilitated value, effectively allowing the rehabilitation to be done without raising the property taxes.
Referred to the Committee on Economic Development, Small Business, and Regulatory Reform
