Affordable housing; assessment of real property, consideration of limitations. (HB1086)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Real property assessments; consideration of affordable housing limitations. Requires local tax assessors to consider the impact of legally imposed rent restrictions on real property operated as affordable housing in determining the fair market value of such property. The bill also provides that federal and state income tax credits with respect to real property shall not be considered real property or income attributable to real property. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/11/2006 | Prefiled and ordered printed; offered 01/11/06 065305500 |
01/11/2006 | Referred to Committee on Finance |
01/18/2006 | Assigned to Finance sub-committee: #1 (Orrock) |
01/23/2006 | Fiscal impact statement from TAX (HB1086) |
02/06/2006 | Incorporated by Finance (HB1173-Rapp) |