Increasing from 50% to 100% a certain property tax credit that the governing body of a county or municipal corporation is required to grant against the county or municipal corporation property tax imposed on vehicles valued as stock in business beginning on July 1, 2016; and applying the Act retroactively to taxable years beginning after June 30, 2016.
Bill File Type: Regular
Effective Date(s): June 1, 2019
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
( 9-108 )
Last Updated: 2/3/2020 2:32 PM