Counties Support New Tool to Incentivize Local Redevelopment
On January 20, MACo Legislative Director Kevin Kinnally submitted written testimony before the Ways and Means Committee in support of HB 161 – Property Tax Credit – Retail Service Station Conversions. The bill authorizes local governments to grant a property tax credit against the county or municipal property tax when a property converts from a retail service station to another retail use, a residential use, or a mixed retail and residential use, as specified. The…