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2006 SESSION

• | print version

HB 1086 Affordable housing; assessment of real property, consideration of limitations.

Introduced by: James M. Scott | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Real property assessments; consideration of affordable housing limitations.  Requires local tax assessors to consider the impact of legally imposed rent restrictions on real property operated as affordable housing in determining the fair market value of such property. The bill also provides that federal and state income tax credits with respect to real property shall not be considered real property or income attributable to real property.

FULL TEXT

• 01/11/06  House: Prefiled and ordered printed; offered 01/11/06 065305500  pdf | impact statement

HISTORY

• 01/11/06  House: Prefiled and ordered printed; offered 01/11/06 065305500
• 01/11/06  House: Referred to Committee on Finance
• 01/18/06  House: Assigned to Finance sub-committee: #1 (Orrock)
• 02/06/06  House: Incorporated by Finance (HB1173-Rapp) by voice vote