SB1087 — Ad valorem tax; providing credit for certain expenditures or reduction in fair cash value resulting from lack of enforcement of political subdivision. Effective date.

SB1087 — Ad valorem tax; providing credit for certain expenditures or reduction in fair cash value resulting from lack of enforcement of political subdivision. Effective date. · Informed CitizenrySB1087 proposes to establish an ad valorem tax credit for real property owners who experience a reduction in the fair cash value of their property or incur expenses to mitigate the effects of a loc…Open in Informed Citizenry