Legislature(2003 - 2004)
04/26/2004 08:45 AM House FIN
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HOUSE BILL NO. 241
An Act relating to optional exemptions from municipal
property taxes on residential property.
Representative Chenault MOVED to RESCIND previous action
taken on passing CS HB 241 (FIN) out of Committee in order
to address Amendment #1 dealing with the optional municipal
tax exemption for residences of law enforcement officers
located within certain eligible areas. There being NO
OBJECTION, action was rescinded.
Representative Chenault MOVED to ADOPT work draft #23-
LS0851\U, Cook, 4/23/04, as the version of the legislation
before the Committee, which clarifies the concern. There
being NO OBJECTION, it was adopted.
Representative Chenault explained that under Amendment #1,
an eligible area is one that is eligible for designation as
a special zone or an area under certain federal programs, or
is an area with a statistically higher crime rate. The
federal programs are identified by common names rather than
by citation of federal laws or regulations. The new
language would tie it into the federal program.
Representative Chenault MOVED to report CS HB 241 (FIN) out
of Committee and to use the previous individual
rd
recommendations adopted on the April 23, 2004 meeting.
There being NO OBJECTION, it was so ordered.
CS HB 241 (FIN) was reported out of Committee with a "do
pass" recommendation and with an indeterminate note by the
Department of Revenue and zero note #2 by the Department of
Community & Economic Development.
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