HR 1169 - General Assembly; ad valorem tax; blighted real property; establish separate class; authorize - CA
Sponsored By
Committees
- HC:W&M
- SC:
Current Status
02/06/08 - House Second ReadersFirst Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to authorize the General Assembly by general law to establish as a separate class of property for ad valorem tax purposes any tangible real property which is determined to be blighted; to authorize the General Assembly to establish a program by which certain properties within such class may be assessed for taxes at different rates or valuations in order to encourage the revitalization of blighted areas; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
Status History
| Date | Action |
|---|---|
| 02/05/2008 | House First Readers |
| 02/06/2008 | House Second Readers |
