Authorizes real property tax exemption for clinicians in shortage areas, with state aid to taxing jurisdictions.
The bill allows real property taxing jurisdictions to offer partial tax exemptions for property bought by clinicians in designated shortage areas, serving as their primary residence and practice location. The commissioner of health will determine these shortage areas. The bill also provides state aid to taxing jurisdictions that grant these exemptions, covering the tax savings for clinicians. The exemption duration cannot exceed five years and 35% of the property's assessed value.
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- Core Provisions
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