A bill was signed into law recently to give municipalities a new tool to transform blighted properties into thriving parts of the community, according to the measure’s sponsor, Sen. Judy Ward (R-30).

Act 61 of 2020 will allow local taxing authorities to provide a tax exemption for up to 10 years for any improvements and new construction on blighted properties in deteriorated areas. The amount of the exemption will decline by 5 to 15 percent per year before expiring after the 10th year.

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