Amends the Property Tax Code to redefine real property and tax mobile homes and manufactured homes differently based on their location and status.
The bill amends the Property Tax Code to redefine real property, excluding buildings or structures not affixed to a permanent foundation or connected to utilities for year-round occupancy. It specifies that mobile homes and manufactured homes located outside of mobile home parks are not considered real property and are taxed under the Mobile Home Local Services Tax Act. Mobile homes and manufactured homes in mobile home parks are taxed according to the Mobile Home Local Services Tax Act.
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- Core Provisions
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- Critical Issues
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