HB3589
Requires the Housing and Community Services Department to develop a senior housing development initiative.
In one sentence
Digest: This Act requires OHCS to focus on senior housing and sweeps moneys from tax deferrals for such housing.
What it does
- Digest: This Act requires OHCS to focus on senior housing and sweeps moneys from tax deferrals for such housing.
- (Flesch Readability Score: 61.6).
- Requires the Housing and Community Services Department to develop a senior housing development initiative.
- Transfers moneys from the Senior Property Tax Deferral Revolving Account to be used for the initiative.
Who it affects
Not clearly identified in the stored source.
Limits and unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.
Official record
Sources
Official summary
Digest: This Act requires OHCS to focus on senior housing and sweeps moneys from tax deferrals for such housing. (Flesch Readability Score: 61.6). Requires the Housing and Community Services Department to develop a senior housing development initiative. Transfers moneys from the Senior Property Tax Deferral Revolving Account to be used for the initiative. Requires the Department of Revenue to annually review the account, beginning in 2027, for <b>estimated</b> excess funds to transfer to the [<i>Elderly and Disabled Housing Fund</i>] <b>General Housing Account</b> for the initiative. Sunsets July 1, 2031. Provides that projects funded by the Elderly and Disabled Housing Fund remain eligible for affordable housing tax credits. Relating to: Relating to housing. Current location: Chapter Number Assigned
Official activity
Bill history
- Chapter 576, (2025 Laws): Effective date January 1, 2026.House
- Governor signed.House
- Speaker signed.House
- President signed.Senate
- Recommendation: Do pass the A-Eng. bill.Senate
- Second reading.Senate
- Rules suspended. Third reading. Carried by Patterson. Passed. Ayes, 22; Nays, 3--Girod, Linthicum, Robinson; Excused, 5--Gorsek, Prozanski, Reynolds, Starr, Thatcher.Senate
- First reading. Referred to President's desk.Senate
- Referred to Ways and Means.Senate
- Third reading. Carried by Marsh. Passed. Ayes, 43; Absent, 1--Harbick; Excused, 13--Boice, Boshart Davis, Cate, Diehl, Drazan, Edwards, Nguyen H, Osborne, Scharf, Skarlatos, Wallan, Wright, Yunker; Excused for Business of the House, 3--Evans, Pham H, Sosa.House
- Second reading.House
- Recommendation: Do pass.House
- Work Session held.House
- Work Session held.House
- Returned to Full Committee.House
- Assigned to Subcommittee On Transportation and Economic Development.House
- Recommendation: Do pass and be referred to Ways and Means by prior reference.House
- Referred to Ways and Means by prior reference.House
- Work Session held.House
- Work Session held.House