HR 1392 — Ad valorem tax; qualified low-income building projects may be classified as a separate class of property; provide - CA
House Committee Favorably Reported
A RESOLUTION proposing an amendment to the Constitution so as to provide that qualified low-income building projects may be classified as a separate class of property for ad valorem property tax purposes, and different rates, methods, and assessment dates may be provided for such building projects; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
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