Can I read Real Property Valuation Reform Bill on EtoBox?
Real Property Valuation Reform Bill by Mark Lester Lee Aure is a document available to read on EtoBox.
What is Real Property Valuation Reform Bill about?
This document provides an explanatory note for Senate Bill No. 44, which proposes the Real Property Valuation and Assessment Reform Act. It summarizes that real property makes up a large portion of the national wealth and local governments rely on real property taxes for 31% of their revenue on average. However, 40% of first class municipalities remain dependent on national revenue sharing due to poor real property tax collection rates of less than 15% of their income. The bill aims to establish consistent
- Author
- Mark Lester Lee Aure
- Language
- EN