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SB 556: Resale-restricted Affordable Housing

GENERAL BILL by Wright

Resale-restricted Affordable Housing; Requiring owners of resale-restricted affordable housing to submit a specified application to the property appraiser; requiring that resale-restricted affordable housing be assessed under a specified law; specifying that resale-restricted affordable housing is a land-use regulation and subject to a certain limitation, etc.

Effective Date: 7/1/2025
Last Action: 3/4/2025 Senate - Introduced
Bill Text: Web Page | PDF
Senate Committee References:
  1. Community Affairs (CA)
  2. Finance and Tax (FT)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    2/7/2025 Senate • Filed
    2/20/2025 Senate • Referred to Community Affairs; Finance and Tax; Rules
    3/4/2025 Senate • Introduced

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  • SB 556, Original Filed Version (Current Bill Version) Posted 2/7/2025 at 3:54 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1425 Resale-restricted Affordable Housing Gerwig Similar Last Action: 3/5/2025 H Now in Ways & Means Committee

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    193.011 Factors to consider in deriving just valuation. Page 1 (pdf)
    193.0181 Page 3 (pdf)

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