HB 1459 (2020) -  Affordable Housing Tax Reductions

by Silvers
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
Last Event: Died in Local, Federal & Veterans Affairs Subcommittee on Saturday, March 14, 2020 12:00 AM

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: 03/14/2020 - 12:00 AM Member: Committee: Local, Federal & Veterans Affairs Subcommittee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 03/14/2020 - 12:00 AM Member: Committee: Version: __
Event: H Now in Local, Federal & Veterans Affairs Subcommittee Time: 01/17/2020 - 9:19 AM Member: Committee: Local, Federal & Veterans Affairs Subcommittee Version: __
Event: H Referred to State Affairs Committee Time: 01/17/2020 - 9:19 AM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Ways & Means Committee Time: 01/17/2020 - 9:19 AM Member: Committee: Ways & Means Committee Version: __
Event: H Referred to Local, Federal & Veterans Affairs Subcommittee Time: 01/17/2020 - 9:19 AM Member: Committee: Local, Federal & Veterans Affairs Subcommittee Version: __
Event: H 1st Reading Time: 01/14/2020 - 11:19 PM Member: Committee: Version: __
Event: H Filed Time: 01/14/2020 - 11:31 AM Member: Silvers Committee: Version: __

Statutes Referenced by this Bill