Rental housing; purchase or construction by localities. (HB571)
Introduced By
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Purchase or construction of rental housing by localities. Provides that any locality may by ordinance establish a program to purchase or construct housing and to rent such housing to residents. The rent charged for such housing shall not exceed the higher of 85 percent of the market rate for a similar housing unit, or 115 percent of the actual cost of operation, defined in the bill, of the housing unit offered for rent. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/06/2020 | Committee |
| 01/06/2020 | Prefiled and ordered printed; offered 01/08/20 20103445D |
| 01/06/2020 | Referred to Committee on Counties, Cities and Towns |
| 01/11/2020 | Impact statement from DHCD (HB571) |
| 01/17/2020 | Assigned CC & T sub: Land Use |
| 01/18/2020 | Impact statement from DHCD (HB571) |
| 01/23/2020 | Subcommittee recommends laying on the table (6-Y 0-N) |
| 02/11/2020 | Left in Counties, Cities and Towns |