Relating to the definition of "minor construction" for purposes of property tax law; and prescribing an effective date.
Catchline/Summary:
Increases maximum dollar amounts used to determine whether addition of real property improvements constitutes "minor construction" for purposes of property tax law.Changes method of determining] Increases maximum dollar amounts used to determine whether addition of real property improvements constitutes "minor construction" for purposes of property tax law. Indexes increased amounts to account for inflation.
Takes effect on 91st day following adjournment sine die.
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HB 3194
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