Property Tax – Low–Income Housing Tax Credit – Valuation of Property
Requiring the Department of Housing and Community Development to notify the State Department of Assessments and Taxation, within 30 days of closing and the execution and delivery of a certain regulatory agreement, that a commercial property that is developed under a certain provision of federal law has been awarded a low-income tax credit; and applying the Act to all taxable years beginning after June 30, 2025.
Property tax
HOUSING
ASSESSMENTS
Residential Property
Counties
Tax Credits
Housing and Community Development, Department of
Low-Income
Taxes - Property
Commercial Property
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}