To revise some technical details of the tax breaks local governments can authorize for “neighborhood enterprise zone” property for certain developers, remove some restrictions on them, and along with Senate Bill 319, also increase the cap on the cash value of residential rental property eligible for the special treatment from $80,000 per unit to $120,000 per unit.
38 Yeas / 0 Nays | |
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Democrat (16 Yeas / 0 Nays) | |
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