HB 2780

Establishes subtraction from personal taxable income for eligible rental payments made by eligible renters.

Status In House Committee (HREV)
Sponsors David Brock Smith (Republican) (Chief), Jack Zika (Republican) (Chief), Daniel Bonham (Republican), Shelly Boshart Davis (Republican)
Fiscal impact May have fiscal impact, but no statement yet issued
Revenue impact May have revenue impact, but no statement yet issued

Bill Text

The bill creates a personal income tax subtraction for eligible rental payments made by eligible renters from 2022 to 2028.

Original Bill Text

Sponsors#

Chief Sponsors: David Brock Smith, Jack Zika

Co-Sponsors: Daniel Bonham, Shelly Boshart Davis

Overview#

Establishes subtraction from personal taxable income for eligible rental payments made by eligible renters. Applies to tax years beginning on or after January 1, 2022, and before January 1, 2028. Takes effect on 91st day following adjournment sine die.

Legislative History

Date Chamber Action
2021-01-11 H First reading. Referred to Speaker's desk.
2021-01-19 H Referred to Revenue.
2021-06-26 H In committee upon adjournment.

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