2007 Senate Bill 979

Authorize certain apartment or condo tax breaks

Introduced in the Senate

Dec. 6, 2007

Introduced by Sen. Bill Hardiman (R-29)

To allow local governments to grant property tax exemptions to new apartment or condominium buildings in a Downtown Development Authority district that are vacant and have never been rented. The exemption would end when a property becomes occupied.

Referred to the Committee on Commerce and Tourism