Introduced
by
To give state income tax credits to companies that give money to “local impact housing trust funds” that finance “employer-assisted housing projects” proposed by Senate Bill 361 and get the property tax breaks proposed by Senate Bill 362. The Senate Fiscal Agency reports the cost of giving these selective subsides is an "unknown and potentially significant amount".
Referred to the Committee on Economic and Small Business Development
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 29 to 6 (details)
To give state income tax credits to companies that give money to “local impact housing trust funds” that finance “employer-assisted housing projects” proposed by Senate Bill 361 and get the property tax breaks proposed by Senate Bill 362.
Referred to the Committee on Local Government and Municipal Finance
