SB 1520: Affordable Housing Property Tax Exemption
GENERAL BILL by Calatayud
Affordable Housing Property Tax Exemption; Revising a specified finding that a taxing authority must make in order to elect not to exempt certain property from certain ad valorem taxation; authorizing certain property owners in a multifamily project to apply for and continue to receive an exemption, etc.
Effective Date: 7/1/2026
Last Action: 2/13/2026 Senate - Now in Appropriations
Bill Text: Web Page | PDF
Last Action: 2/13/2026 Senate - Now in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
- Finance and Tax (FT)
- Appropriations (AP)
- Rules (RC)
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Bill History
Date Chamber Action 1/9/2026 Senate • Filed
1/16/2026 Senate • Referred to Finance and Tax; Appropriations; Rules
1/22/2026 Senate • Introduced
2/9/2026 Senate • On Committee agenda-- Finance and Tax, 02/12/26, 4:30 pm, 301 Senate Building
2/12/2026 Senate • Favorable by Finance and Tax; YEAS 6 NAYS 0
2/13/2026 Senate • Now in Appropriations
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SB 1520, Original Filed Version (Current Bill Version) Posted 1/9/2026 at 8:08 AM
Bill Text: Web Page | PDF Analyses: Finance and Tax (Pre-Meeting) 2/11/2026 (pdf)
Finance and Tax (Post-Meeting) 2/12/2026 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1350 Affordable Housing Property Tax Exemptions McClain Compare Last Action: 1/22/2026 S Introduced
S 7046 Taxation Finance and Tax Compare Last Action: 2/26/2026 S Introduced
Committee Votes (1)
Date Committee Result 2/12/2026 4:30 PM Finance and Tax 6 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 196.1978 Affordable housing property exemption. Page 1 (pdf)