AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES
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What it does
Official summary
Provides an 8% tax rate for those properties that are encumbered by a deed restriction for low-income housing set at 80% or 60% of adjusted median income established by HUD.
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Where do you stand?
Choose your position
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Tell your reps
Take a position to see your representatives and ways to contact them.
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Jun 1806/18/2025 Committee recommended measure be held for further studyLatest
Jun 1606/16/2025 Scheduled for consideration (06/18/2025)
May 805/08/2025 Committee recommended measure be held for further studyMinor
May 205/02/2025 Scheduled for hearing and/or consideration (05/08/2025)
Apr 2104/21/2025 Meeting postponed (04/24/2025)
Apr 1804/18/2025 Scheduled for hearing and/or consideration
Apr 1004/10/2025 Introduced, referred to Senate Housing and Municipal GovernmentIntroduced