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HB20B-1017

Tax Credit Unpaid Rental Payments

Type Bill
Session 2020 Extraordinary Session
Subjects
Fiscal Policy & Taxes

Concerning income tax credits for lost rental payments due to the COVID-19 pandemic.

Bill Summary:

The bill creates a temporary income tax credit for landlords in an amount equal to the amount of rental payments owed, but not paid, to a landlord by persons who, if not for a governmental moratorium, the landlord would have initiated an action against to terminate their tenancy, other estate at will, or lease due to the late payment of rental payments.

Any part of the income tax credit that is not used may be carried forward for a 5-year period but may not be refunded.
(Note: This summary applies to this bill as introduced.)

Status

Lost

Introduced

Lost

Related Documents & Information

Date Version Documents
11/30/2020 Introduced PDF
Date Version Documents
01/05/2021 FN2 PDF
11/30/2020 FN1 PDF
Activity Vote Documents
Refer House Bill 20B-1017 to the Committee on Finance. The motion failed on a vote of 2-5. Vote summary
Postpone House Bill 20B-1017 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 5-2. Vote summary
Date Location Action
11/30/2020 House House Committee on Public Health Care & Human Services Postpone Indefinitely
11/30/2020 House Introduced In House - Assigned to Public Health Care & Human Services