Bill > HB13

This bill allows municipalities to offer optional property tax exemptions or partial exemptions for various types of real property, including property owned by volunteer firefighters, emergency medical personnel, or hazardous materials responders, as well as certain long-term rental units, mobile home parks, properties rented to low-income families, primary residences, and homes owned by first-time homebuyers. It also modifies the process for municipal tax refunds, changing the interest rate on refunded taxes from a fixed eight percent to three percentage points above the 12th Federal Reserve District discount rate in effect on January 2 of the year of payment, and clarifies that refunds for overpayments due to error will no longer include interest.