Introduced by Sen. Ed McBroom R-Vulcan on January 16, 2019
To revise the standards by which property tax valuations of vacant “big box” stores are assessed. The bill would revise standards so that owners who have reportedly “gamed” the system by placing deed restrictions on closed stores that lower their market value (and tax assessment) could no longer do so. Official Text and Analysis.
Referred to the Senate Finance Committee on January 16, 2019