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SR 0875 - Reporting of Tax Abatements and Other Economic Development Incentives Impacting Tax Digests
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Tracking Level: Negotiating
Sponsor: Jack Hill
Last Action: 4/22/2014 - Senate Date Signed by Governor
Senate Committee: ED&Y
House Committee: W&M
Assigned To:
Property TaxNext Bill

Staff Analysis of the Legislation

This legislation establishes a joint committee to study the impact of tax digest reporting, tax abatements, any economic development related revenues paid "in lieu" of taxes, or any other arrangements that impact local digests on education funding. The study committee would also consider establishing a central clearinghouse where reports on tax digests impacts would be submitted for public inspection.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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