S1718 — Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households

S1718 — Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households · Informed CitizenryThis bill amends the real property tax law to provide a partial tax exemption for certain residential real property transferred to qualified low-income households. The exemption applies to property…Open in Informed Citizenry