Extends the sunset date for the property tax exemption for multiunit rental 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

2025-06-27 Senate
In committee upon adjournment.
2025-02-05 Senate
Public Hearing held.
2025-01-17 Senate
Referred to Finance and Revenue, then Tax Expenditures.
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 multiunit rental housing. (Flesch Readability Score: 60.7).
Extends the sunset date for the property tax exemption for multiunit rental housing.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to property tax exemption for multiunit rental housing; prescribing an effective date.
Current location: In Senate Committee