Amends the General Property Tax Act to reflect the repeal of data center tax exemptions.

This bill amends the General Property Tax Act to reflect the repeal of data center tax exemptions. It specifies that personal property located in a renaissance zone on tax day and in that zone for less than 50% of the preceding tax year is exempt if the owner files an affidavit. The bill also details exemptions for residential rental properties in substantial compliance with zoning laws and outlines exceptions for casinos and special assessments. The changes take effect only if certain related bills are enacted.

Amends the General Property Tax Act to reflect the repeal of data center tax exemptions.

This bill amends the General Property Tax Act to reflect the repeal of data center tax exemptions. It specifies that personal property located in a renaissance zone on tax day and in that zone for less than 50% of the preceding tax year is exempt if the owner files an affidavit. The bill also details exemptions for residential rental properties in substantial compliance with zoning laws and outlines exceptions for casinos and special assessments. The changes take effect only if certain related bills are enacted.