Article L2335-3 of the French General Code of Local Authorities
Where the exemptions from property tax on built-up properties, provided for in Articles 1384,1384-0 A and 1384 A, 1384 C and 1384 D of the General Tax Code, result in a substantial loss of revenue for the communes, these local authorities are entitled to compensation from the State under conditions set by decree in the Council of State. However, the loss of revenue for local authorities resulting from the extension…