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A07577 Summary:
| BILL NO | A07577 |
| SAME AS | SAME AS S04020 |
| SPONSOR | Bacalles (MS) |
| COSPNSR | O'Mara |
| MLTSPNSR | |
| Add S421-l, RPT L | |
| Partially exempts from taxation any multiple dwelling building converted to an owner occupied single family dwelling or that is reduced to at most two units within certain cities; such buildings shall be exempt for a period of one year to the extent of fifty percent of the value of the property after the completion of renovations, reduced by five percent per year for nine years. | |