A bill for an act relating to the assessment of property containing certain aboveground storage tanks and including effective date and retroactive applicability provisions.(Formerly HSB 238.)

Where it is in the process

Plain-English Summary

This bill states that aboveground storage tanks holding 91,000 gallons or less will no longer be taxed as real property. This change affects property owners with these types of tanks and applies to taxes starting January 1, 2025. The bill also specifies that a certain state funding rule for tax credits will not apply to this change.

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

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