SB 0441 | Allows counties to abate a portion of property taxes for certain purposes |
Sponsor: | Dougherty | |||
LR Number: | 0963S.01I | Fiscal Note: | 0963-01 | |
Committee: | Ways and Means | |||
Last Action: | 04/01/03 - Voted Do Pass S Ways & Means Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 2003 | |||
SB 441 - This act allows any county, any municipality and the city of St. Louis to provide for an abatement of a portion of real property tax liability for certain facilities involved in lead abatement projects.
The lead abatement project must be a qualified lead abatement project under existing law, certified by the Department of Health, and must be for a child-occupied dwelling. The tax abatement will only be given against that portion of the real property tax liability which is not allocated to schools or the Blind Pension Fund.
This act is similar to SB 408 (2001).
JEFF CRAVER