Bill Summary

HB 1459 Affordable Housing Tax Reductions (2020 Session)
Affordable Housing Tax Reductions: Authorizes counties, municipalities, & special districts to waiver impact fees for certain nonprofit corporations for specified purposes; provides tax reduction to entities that provide affordable housing to identified groups; provides criteria for receiving reduction; provides formula for determining amount of reduction; requires taxpayer to submit covenant for recording that provides specified information; requires taxpayer who receives reduction to file annual report; provides penalties for falsification of report. Effective Date: July 1, 2020
01/14/20
HOUSE 
Filed
01/17/20
HOUSE 
Referred to Local, Federal & Veterans Affairs Subcommittee; Ways & Means Committee; State Affairs Committee
01/17/20
HOUSE 
Now in Local, Federal & Veterans Affairs Subcommittee
03/14/20
HOUSE 
Indefinitely postponed and withdrawn from consideration
03/14/20
HOUSE 
Died in Local, Federal and Veterans Affairs Subcommittee
1459
Filed on 01/14/20
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163.31801
196.1978
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