Federally Declared Disaster Area Ad Valorem Tax Relief
House Bill 311 provides local governments an option to grant temporary ad valorem property tax relief for eligible damaged or destroyed properties located in a nationally declared federal disaster area. Each local governing authority is authorized to grant tax relief through either a reduction in the millage rate or through a flat dollar amount to be credited equally among eligible tax parcels. Tax relief would be applicable for the taxable year in which the disaster occurred.
Last Updated: 3/1/2023
Subject Area: Taxation
Resources: bill text
3/16/2023 - Effective Date
3/16/2023 - Act 3
3/16/2023 - Date Signed by Governor