SB 6413 - DIGEST

     Declares that if any portion of a tract or parcel of real property is within the 55 Ldn contour of an airport noise exposure map, the entire tract or parcel is exempt from port taxes levied for collection in the year following the year in which the map was adopted.

     Provides that the levy computed for a taxing district in any year shall be reduced so that exemptions under this act do not result in increased regular property taxes for nonexempt taxpayers.