Real property tax; high exemption locality reimbursements.
Summary
Real property tax; high exemption locality reimbursements. Provides that in tax year 2025 and all tax years thereafter, a high exemption locality, defined in the bill, shall be reimbursed by the Commonwealth for 50 percent of the exemption value, also defined in the bill, multiplied by the 2022 effective real property tax rate in such locality.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2025
Last action Jan 23, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 9, 2025
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jeremy McPike
DDemocratic
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