A bill for an act placing assessment limitations for property tax purposes on commercial child care facilities, and including effective date, applicability, and retroactive applicability provisions.(Formerly HSB 316.)

This bill creates a property tax assessment limitation for commercial child care facilities. Starting in 2025, eligible child care facilities can have their property assessed at a rate similar to residential property if they apply and are approved. The bill also outlines the application process, approval steps, and record-keeping requirements for this new tax benefit.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text