VACANCY FRAUD ACT Senate SponsorsSen. Laura M. Murphy 1/7/2025SenateSession Sine Die New ActCreates the Vacancy Fraud Act. Provides that, on or after January 1, 2024, any owner of real property located in a county with 3,000,000 or more inhabitants may file a written vacancy fraud complaint alleging that: (i) certain real property in that county has received a decrease in assessed value, a decrease in market value, or an abatement of taxes because the property is vacant; and (ii) the owner of that vacant property is not actively attempting to sell or lease the property or actively attempting to alter or modify the property to prepare it for sale or lease. Sets forth factors for determining vacancy fraud. Provides that the owner of the vacant property may be subject to specified penalties. Effective immediately. 1/31/2023SenateFiled with Secretary by Sen. Laura M. Murphy 1/31/2023SenateFirst Reading 1/31/2023SenateReferred to Assignments 2/7/2023SenateAssigned to Judiciary 2/22/2023SenateTo Subcommittee on Property 3/10/2023SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die