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Real Estate Development State Taxes Property Tax

BakerHostetler

Analysis of Texas House Bill 21 - Property Tax Exemptions for Housing Finance Corporations Owning Affordable Housing

BakerHostetler on

In its 89th Regular Session, the Texas Legislature enacted House Bill 21 (HB 21), introducing significant reforms to the way housing finance corporations (HFCs) own and operate multifamily affordable housing developments....more

Keating Muething & Klekamp PLL

Ohio Revised Code § 5709.56

In 1972, the average home price in the United States was approximately $30,000. Fifty years later, that number broke $500,000, an increase that is, no doubt, aggravated by a 4.5 million-unit deficit in supply. State and local...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor May 5, 2025

Cozen O'Connor on

Revenue warning signs flash as Springfield preps for budget talks - “Already there are signs that Gov. JB Pritzker’s budget plan announced in February, which projected $55.4 billion in revenue, was optimistic. The...more

Bricker Graydon LLP

Economic Development Impact of Proposed HB 96 Cap on General Fund Carryover Balances

Bricker Graydon LLP on

This article provides an overview of the impact that the proposed HB 96 cap on school district general fund carryover balances will have on other areas of Ohio’s economic development ecosystem, including property tax rates,...more

Cozen O'Connor

Cozen Cities - March 19, 2025

Cozen O'Connor on

CHICAGO—City Incentives Aim to Attract Data Centers - Chicago is positioning itself to capitalize on the data center boom, with the City Council adopting an ordinance offering incentives for developers to store municipal...more

Vorys, Sater, Seymour and Pease LLP

The Evaluator - Winter 2025: Deadlines Looming in Thirteen States

Taxpayers seeking to contest real property tax values established by assessing jurisdictions across the country often have a short window of opportunity to contest their new valuation. Property taxes are frequently the...more

Vorys, Sater, Seymour and Pease LLP

Attracting Aerospace: The Risks of a Property Tax-Heavy State Tax Structure

When examining the tax structures of business-aggressive states, a common pattern emerges: reduced income and franchise taxes offset by steeper sales and property taxes. While this approach may work for some industries, it...more

Holland & Knight LLP

Florida's Live Local Act Tax Exemption Deadline Looms

Holland & Knight LLP on

Florida's 2023 Live Local Act provides significant land use, zoning and tax benefits. (See Holland & Knight's previous alerts, "Florida's New Live Local Act Offers Land Use and Tax Benefits," Aug. 8, 2023, and "Florida's Live...more

Holland & Knight LLP

Florida's Live Local Act and Important Tax Exemption Deadlines

Holland & Knight LLP on

Florida Senate Bill 102, commonly referred to as the Live Local Act (the Act), provides that certain developments will be eligible for a 75 percent or 100 percent ad valorem tax exemption (also known as the "Missing Middle"...more

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