HB 2118
Directs Department of Revenue to develop and implement program to award grants to local taxing jurisdictions to reimburse them for property tax expenditures incurred to encourage development and provision of affordable housing.
| Status | In House Committee (HHOUSH) |
| Sponsors | Kevin Mannix (Republican) (Chief) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Directs the Department of Revenue to create a grant program reimbursing local taxing jurisdictions for property tax expenditures encouraging affordable housing development.
Sponsors#
Chief Sponsors: Kevin Mannix
Overview#
Directs Department of Revenue to develop and implement program to award grants to local taxing jurisdictions to reimburse them for property tax expenditures incurred to encourage development and provision of affordable housing. Takes effect on 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-09 | H | First reading. Referred to Speaker's desk. |
| 2023-01-11 | H | Referred to Housing and Homelessness with subsequent referral to Revenue. |
| 2023-06-25 | H | In committee upon adjournment. |