House Bill 32
149th General Assembly (Present)
Becomes effective upon date of signature of the Governor or upon date specified
AN ACT TO AMEND THE CHARTER OF THE TOWN OF LAUREL RELATING TO TAX EXEMPTION FOR CERTAIN PROPERTIES LOCATED WITHIN DOWNTOWN DEVELOPMENT DISTRICT.
This act amends the Charter of the Town of Laurel to allow for tax abatements for a five year period on all improvements of properties, for all zoned properties, located within the Downtown Development District and establishing the condition that all town taxes, fees, etc., are current in order to qualify for such abatement.