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HB 0994 -
Extends Timeframe for Property Tax Break for Brownfield Property
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Tracking Level:
Neutral
Sponsor:
Lindsey,Edward 54th
Last Action:
3/7/2012 - Senate Read and Referred
State Code Titles:
48
House Committee:
W&M
Senate Committee:
FIN
Assigned To:
Clint Mueller
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Staff Analysis of the Legislation
HB 994 provides for an extension of up to five additional years for recoupment of ad valorem tax benefits for brownfield property when there are construction delays.
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