Proposals paused following first and second readings
The treasury minister says a bill designed to tackle a number issues with rates will be revisited after this year's election.
The Rating and Valuation (Amendment) Bill received its first and second readings in the House of Keys earlier this year, but was withdrawn ahead of the clauses stage.
The legislation was drawn up to address rebate schemes, the rating of dangerous and ruinous buildings and property used by charitable organisations.
The amendments would have included allowing rebate schemes for purchases such as temporary relief following a flood, or incentivising the redevelopment of dilapidated buildings.
It also proposes modernising the policy on rates exemptions for buildings used by charities.
But, Chris Thomas says not all members were fully behind the proposals:
Mr Thomas has announced he's standing in this year's House of Keys General Election.
The other candidate to have declared for Douglas Central so far is Peter Shimmin.
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