Relates to reductions of payments in lieu of taxes
Summary
Relates to reductions of payments in lieu of taxes; provides that where such payment agreement is to be reduced due to a reassessment of the parcel of real property such agreement is related to, such reduction shall be phased in over 10 years if the reduction would negatively affect the revenues of a local government by more than 5%.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 6, 2021
Last action Jan 5, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
3
Jan 5, 2022
Committee
REFERRED TO LOCAL GOVERNMENT
upper
May 10, 2021
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Jan 6, 2021
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
JG
James Gaughran
DDemocratic
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