HB 2808
Allows credit against net income taxes for portion of eligible costs of newly constructed single-family dwelling that sells for price affordable to household with annual income at or below 120 percent of area median income.
| Status | In House Committee (HREV) |
| Sponsors | David Brock Smith (Republican) (Chief), Rep Leif, Jack Zika (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
Allows a tax credit against net income taxes for eligible costs of newly constructed single-family dwellings sold at affordable prices to low-income households.
Sponsors#
Chief Sponsors: David Brock Smith
Co-Sponsors: Unknown Legislator, Jack Zika
Overview#
Allows credit against net income taxes for portion of eligible costs of newly constructed single-family dwelling that sells for price affordable to household with annual income at or below 120 percent of area median income. Sunsets on January 2, 2027. 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. |