Provides for a real property tax exemption for property owned by single-member limited liability companies where such property serves as the primary residence of such member.
Exemptions modification of property owned by certain limited liability companies
Property tax provisions modified, and exemptions of property owned by limited liability companies modified.
Amends the definitions of the terms "beneficial owner", "reporting company" and "exempt company" to set the scope of certain provisions relating to beneficial owners of limited liability companies; authorizes the department of state to further clarify any such definitions.
Amends the definitions of the terms "beneficial owner", "reporting company" and "exempt company" to set the scope of certain provisions relating to beneficial owners of limited liability companies; authorizes the department of state to further clarify any such definitions.
Limited Liability Companies
To Allow For Property Owned By A Trust Or A Limited Liability Company To Qualify As A Homestead For Purposes Of The Property Tax Exemption For Disabled Veterans In Certain Circumstances.
Limited Liability Companies
Limited Liability Companies
Relating to limited liability companies.