HB 1211: Affordable Housing Tax Reduction
GENERAL BILL by Fernandez
Affordable Housing Tax Reduction; Provides tax reduction to certain entities that provide affordable housing to identified groups; provides criteria for receiving such reduction; provides formula for determining amount of reduction; requires taxpayer to submit covenant for recording that provides specified information; requires each taxpayer who receives tax reduction to file annual report; provides specifications for such report; provides penalties for falsification of reports; requires certain counties to post specified maps on their websites; requires FHFC to adopt specified rules; requires taxpayer to pay back taxes, penalties, & interest; provides exceptions.
Effective Date: 7/1/2019
Last Action: 5/3/2019 House - Died in Local, Federal and Veterans Affairs Subcommittee
Bill Text: PDF
Last Action: 5/3/2019 House - Died in Local, Federal and Veterans Affairs Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/1/2019 | House |
• Filed |
| 3/5/2019 | House |
• Introduced -HJ 123 |
| 3/8/2019 | House |
• Referred to Local, Federal and Veterans Affairs Subcommittee; Ways and Means Committee; State Affairs Committee -HJ 377 |
| 5/3/2019 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Local, Federal and Veterans Affairs Subcommittee |
