Residential Building Permit Classification Emergency Amendment Act of 2025

This bill creates a new process for property owners to change tax classification when converting commercial buildings to residential use. Owners must apply with documentation before the tax change takes effect, and tax benefits apply based on when the application is submitted (full year for Oct-Mar applications, second half for Apr-Sep). If the property isn't actually used residentially within 3 years (or by certificate of occupancy date), the tax authority can claw back benefits with penalties. The bill also adds an appeal process for denied applications and clarifies tax rules for mixed-use properties.