“Homeowners are rightfully frustrated by skyrocketing property taxes, and they expect the state to intervene and take real action to provide relief,” DeLuca said. #taxrelief
The bill targets commercial and industrial properties that have shown a clear pattern of economic stagnation or decline of real estate taxes as a result of depressed conditions.
#southlandreactivationact
“This could be a game changer for properties that have set empty for years,” DeLuca said. “With our area already positioned well with great infrastructure and access to transportation, I’m confident that this will attract significant investment that will provide benefits to our community for years to come.”