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S04577 Summary:
BILL NO | S04577A |
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SAME AS | SAME AS A07274-A |
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SPONSOR | BOYLE |
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COSPNSR | |
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MLTSPNSR | |
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Creates a tax exemption for owner occupied residential property in municipalities affected by Superstorm Sandy; exempts such buildings from 100 per centum of the increase in assessed value attributable to reconstruction, less 12 1/2 percentum, and less an additional 12 1/2 percentum for each year for an additional 7 years. |