Bill Title: Reinserts the provisions of the introduced bill with changes. Provides that the valuation under the introduced bill applies only to the qualifying wastewater facility itself and not to the land on which the facility is located. Further amends the Property Tax Code to provide that the alternate valuation for qualifying water treatment facilities applies only to the qualifying water treatment facility itself and not to the land on which the facility is located. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2025-01-07 - Session Sine Die [SB2356 Detail]

Text: Latest bill text (Engrossed) [HTML]

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