A1246 — Requires cost-benefit analyses and local government financial impact findings for approval of long term property tax exemption; requires DCA to post Statewide database of these exemptions on its Internet website.

A1246 — Requires cost-benefit analyses and local government financial impact findings for approval of long term property tax exemption; requires DCA to post Statewide database of these exemptions on its Internet website. · Informed CitizenryThis bill amends existing law to require urban renewal entities to include a cost-benefit analysis in their applications for long-term property tax exemptions. The analysis must outline the net fin…Open in Informed Citizenry