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S01395 Summary:
| BILL NO | S01395 |
| SAME AS | SAME AS A06690 |
| SPONSOR | LAVALLE |
| COSPNSR | |
| MLTSPNSR | |
| Add S457-a, RPT L | |
| Provides a real property tax exemption, at local option, for first-time homebuyers of pre-owned real property as primary residential property and provides flexibility to local taxing authorities regarding length and percentage increments of such exemption; sets income eligibility criteria. | |