Construction and Energy Law

Restoring The Foundation: Assessing Construction In Progress

Legislature amends statutes, overrules court decisions

This supplements the article published on March 5, 2012 entitled "Changing the Foundation: Assessing Construction in Progress." The last article presented an extensive history of the assessing of construction in progress by municipalities for property tax purposes, the tumultuous changes occurring in the law, and the numerous questions to be addressed. This article serves to answer some of those questions and leave you with a couple more.

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