HB 1211 (2019) -  Affordable Housing Tax Reduction

by Fernández
Provides tax reduction to certain entities that provide affordable housing to identified groups; provides criteria for receiving such reduction; provides formula for determining amount of reduction; requires taxpayer to submit covenant for recording that provides specified information; requires each taxpayer who receives tax reduction to file annual report; provides specifications for such report; provides penalties for falsification of reports; requires certain counties to post specified maps on their websites; requires FHFC to adopt specified rules; requires taxpayer to pay back taxes, penalties, & interest; provides exceptions.
Effective Date: July 1, 2019
Last Event: Died in Local, Federal & Veterans Affairs Subcommittee on Friday, May 3, 2019 11:59 PM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Local, Federal & Veterans Affairs Subcommittee Time: 05/03/2019 - 11:59 PM Member: Committee: Local, Federal & Veterans Affairs Subcommittee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 05/03/2019 - 11:59 PM Member: Committee: Version: __
Event: H Now in Local, Federal & Veterans Affairs Subcommittee Time: 03/08/2019 - 1:14 PM Member: Committee: Local, Federal & Veterans Affairs Subcommittee Version: __
Event: H Referred to State Affairs Committee Time: 03/08/2019 - 1:14 PM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Ways & Means Committee Time: 03/08/2019 - 1:14 PM Member: Committee: Ways & Means Committee Version: __
Event: H Referred to Local, Federal & Veterans Affairs Subcommittee Time: 03/08/2019 - 1:14 PM Member: Committee: Local, Federal & Veterans Affairs Subcommittee Version: __
Event: H 1st Reading Time: 03/05/2019 - 11:28 PM Member: Committee: Version: __
Event: H Filed Time: 03/01/2019 - 12:35 PM Member: Fernández Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
196.1978 CS/SB 1112, SB 1314, HB 6045