HB 1459: Affordable Housing Tax Reductions
GENERAL BILL by Silvers
Affordable Housing Tax Reductions; Authorizes counties, municipalities, & special districts to waiver impact fees for certain nonprofit corporations for specified purposes; provides tax reduction to entities that provide affordable housing to identified groups; provides criteria for receiving reduction; provides formula for determining amount of reduction; requires taxpayer to submit covenant for recording that provides specified information; requires taxpayer who receives reduction to file annual report; provides penalties for falsification of report.
Effective Date: 7/1/2020
Last Action: 3/14/2020 House - Died in Local, Federal and Veterans Affairs Subcommittee
Bill Text: PDF
Last Action: 3/14/2020 House - Died in Local, Federal and Veterans Affairs Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/14/2020 | House |
• Filed • Introduced -HJ 131 |
| 1/17/2020 | House |
• Referred to Local, Federal and Veterans Affairs Subcommittee; Ways and Means Committee; State Affairs Committee -HJ 402 |
| 3/14/2020 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Local, Federal and Veterans Affairs Subcommittee |
