2014 House Bill 5495

Authorize imposing extra property tax on vacant commercial or industrial property

Introduced in the House

April 30, 2014

Introduced by Rep. Andy Schor (D-68)

To permit local governments to impose an additional property tax millage on particular parcels of vacant commercial or industrial property at a rate sufficient to “reflect the costs of maintaining the vacant property through years of vacancy.” A vote of the people would be required. The complete proposal is contained in this bill and House Bill 5496.

Referred to the Committee on Tax Policy