Property tax deduction for water conservation.

HB 1379 (authored by Rep. Boy) provides a property tax deduction for new construction projects that use permeable pavement instead of traditional impervious surfaces. This deduction directly affects property owners and developers of new buildings or structures who choose permeable pavement to manage stormwater runoff. The key provision allows these property owners to reduce their annual property tax bill based on the cost of installing the permeable pavement system. The bill is currently in committee for further review.