04.24.12 The Senate Finance committee gave this bill a favorable report with an amendment. The amendment allows for the multi-lot discount to be extended through 2014, giving developers up to three additional years to claim the discount.
03.27.12 The Senate Finance Property Taxation subcommittee gave this bill a favorable report.
04.05.11 The House Ways and Means committee gave this bill a favorable report with an amendment. The amendment strikes section 1 of the bill.
04.05.11 The House Ways and Means Property Tax subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Outlines that the discount on the assessment of undeveloped acreage subdivided into lots applies to a developer that has five lots instead of 10 lots and that if the application for the discounted rate comes after May 1 but before June 1, the owner shall receive the discounted rate but the discount is reduced.

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