Introduced
by
To increase the cap on the cash value of residential rental property eligible for property tax breaks under a “neighborhood enterprise zone” subsidy program for developers. The cap would rise from $80,000 per unit in cash value to $120,000 per unit, and this would be indexed to inflation going forward.
Referred to the Committee on Economic and Small Business Development
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass, which divides the bill's provisions between it and the identical House Bill 4091.
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Commerce and Tourism
Reported without amendment
Refer to the Committee on Ways and Means with the recommendation that the substitute (H-1) be adopted.
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 90 to 18 (details)
To increase the cap on the cash value of residential rental property eligible for property tax breaks under a “neighborhood enterprise zone” subsidy program for developers. The cap would rise from $80,000 per unit in cash value to $120,000 per unit, and this would be indexed to inflation going forward.
Passed in the Senate 36 to 0 (details)
To concur with the House-passed version of the bill.
