HB451 — An Act providing for an annual revenue sharing program for municipalities relating to tax-exempt real property; establishing the Tax-exempt Property Municipal Assistance Fund; imposing powers and duties on the Department of Community and Economic Development; and making a repeal.

HB451 — An Act providing for an annual revenue sharing program for municipalities relating to tax-exempt real property; establishing the Tax-exempt Property Municipal Assistance Fund; imposing powers and duties on the Department of Community and Economic Development; and making a repeal. · Informed CitizenryHB451 establishes the Tax-exempt Property Municipal Assistance Fund to provide annual revenue sharing to municipalities. The fund is financed by the Commonwealth's liquor tax revenues, which will b…Open in Informed Citizenry