SB 2320: Affordable Housing/Ad Valorem Taxation [RPCC]
GENERAL BILL by Bennett
Affordable Housing/Ad Valorem Taxation [RPCC]; defines term "community land trust"; provides criteria by which property appraiser must assess just value of improvements on certain lands that community land trust uses to provide affordable housing; provides for exemption from property tax for affordable housing to apply to certain lands used by community land trust for affordable housing if lands are subject to long-term lease. Creates 193.018; amends 196.1978.
Last Action: 5/4/2007 Senate - Died in Committee on Community Affairs, Link/Iden/Sim/Compare passed, refer to HB 1-B (Ch. 2007-321)
Bill Text: Web Page | PDF
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