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HB 1425: Resale-restricted Affordable Housing

GENERAL BILL by Gerwig

Resale-restricted Affordable Housing; Requires that resale-restricted affordable housing be assessed under specified law; specifies that resale-restricted affordable housing is land-use regulation & subject to certain limitation; requires property appraiser to consider such limitation to arrive at just valuation; requires owners of resale-restricted affordable housing to submit specified application to property appraiser.

Effective Date: 7/1/2025
Last Action: 3/5/2025 House - Now in Ways & Means Committee
Bill Text: PDF



Bill History

Date Chamber Action
2/28/2025 House • Filed
3/4/2025 House • 1st Reading (Original Filed Version)
3/5/2025 House • Referred to Ways & Means Committee
• Referred to Housing, Agriculture & Tourism Subcommittee
• Referred to Commerce Committee
• Now in Ways & Means Committee