AN ACT AMENDING THE CHARTER OF THE CORNFIELD POINT ASSOCIATION.

Summary

The bill requires the association’s board of governors to prepare an annual budget and recommend a property tax assessment, capping the tax at $500 for homes and $200 for vacant lots within the association. The association may only lower, not raise, the budget or tax rate, and the tax collector must collect and record the taxes as a lien on the property.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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