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SB104 • 2025

Extends the sunset date for the property tax exemption for nonprofit corporation low income housing.

Extends the sunset date for the property tax exemption for nonprofit corporation low income housing.

Housing Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2025-06-27
Official status
In Senate Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 Senate

    In committee upon adjournment.

  2. 2025-02-05 Senate

    Public Hearing held.

  3. 2025-01-17 Senate

    Referred to Finance and Revenue.

  4. 2025-01-13 Senate

    Introduction and first reading. Referred to President's desk.

Official Summary Text

Digest: The Act would extend the property tax break for low income housing owned by a nonprofit. (Flesch Readability Score: 68.9).
Extends the sunset date for the property tax exemption for nonprofit corporation low income housing.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to property tax exemption for nonprofit corporation low income housing; prescribing an effective date.
Current location: In Senate Committee