HB 3557

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 3557 modifies ad valorem tax appraisals by excluding the value of incomplete structures intended for human occupancy from a property’s market value. The exemption applies until the structure is deemed complete, which is determined either by the issuance of a certificate of occupancy or when construction activity ceases​.
Author (1)
View Bill Text and Status