A2982 — Allows certain municipalities to establish lower property tax rate on improvements than land and eliminates urban enterprise zone program.

A2982 — Allows certain municipalities to establish lower property tax rate on improvements than land and eliminates urban enterprise zone program. · Informed CitizenryThis bill proposes to allow certain municipalities to adopt a land-based property tax system where taxable improvements (such as buildings) are taxed at a lower rate than taxable land. It specifica…Open in Informed Citizenry