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Industrial Facility Exemption
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Is there a procedure for dissolving an industrial development district or a plant rehabilitation district?
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Answer:
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The Act provides the procedures for establishing districts but makes no provision for dissolving districts. The State Tax Commission has been advised by its legal counsel that it has no basis to respond to the question of how to dissolve a district because neither the law nor the Tax Commission rules provide any direction in the matter. While the PTD might speculate that the correct way to dissolve an IDD would be by notice to owners within the district and public notice to all others concerned (in the same manner as a district is created), this is still speculation and is not supported by the law or by court rulings. If there is a disagreement between a taxpayer and a municipality, the parties should consult their legal counsel regarding a possible solution.
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