IN SB0559 | 2017 | Regular Session
Status
Sponsorship: Bipartisan Bill
Status: Engrossed on March 1 2017 - 50% progression, died in committee
Action: 2017-03-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]
Status: Engrossed on March 1 2017 - 50% progression, died in committee
Action: 2017-03-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]
Summary
Property tax exemption for affordable housing. Provides a property tax exemption for affordable rental housing property when the property does not otherwise qualify for a property tax exemption. Provides that, in order to qualify for the exemption, the owner must meet the criteria applied by the Internal Revenue Service in determining if an organization that provides low income housing is considered charitable because it relieves the poor and distressed.
Title
Property tax exemption for affordable housing. Provides a property tax exemption for affordable rental housing property when the property does not otherwise qualify for a property tax exemption. Provides that, in order to qualify for the exemption, the owner must meet the criteria applied by the Internal Revenue Service in determining if an organization that provides low income housing is considered charitable because it relieves the poor and distressed.
Sponsors
| Sen. Doug Eckerty [R] | Sen. Rick Niemeyer [R] | Sen. Mark Stoops [D] | Sen. Lonnie Randolph [D] |
| Rep. Sharon Negele [R] |
Roll Calls
2017-02-28 - Senate - Senate - Third reading (Y: 47 N: 3 NV: 0 Abs: 0) [PASS]
2017-02-21 - Senate - Senate - Committee Vote (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-21 - Senate - Senate - Committee Vote (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-07 | House | First reading: referred to Committee on Ways and Means |
| 2017-03-01 | Senate | Referred to the House |
| 2017-02-28 | Senate | House sponsor: Representative Negele |
| 2017-02-28 | Senate | Third reading: passed; Roll Call 243: yeas 47, nays 3 |
| 2017-02-27 | Senate | Senator Niemeyer added as second author |
| 2017-02-27 | Senate | Second reading: ordered engrossed |
| 2017-02-23 | Senate | Committee report: do pass, adopted |
| 2017-02-21 | Senate | Senator Randolph added as coauthor |
| 2017-02-21 | Senate | Senator Stoops added as coauthor |
| 2017-01-18 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
| 2017-01-18 | Senate | Authored by Senator Eckerty |
