2011 Senate Bill 696

Authorize selective “fast track authority” property tax breaks

Introduced in the Senate

Sept. 27, 2011

Introduced by Sen. Tupac Hunter (D-5)

To give tax-reverted property “fast track” authorities the discretion to exempt certain property they sell from a particular property tax levied on the property they sell, if they pitch the selective tax break as helping to create jobs or investment.

Referred to the Committee on Economic Development