HB26-1066
Tax Exemptions Low Income Rental Property Development
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects |
Concerning the expansion of property tax exemptions to include development of low-income rental property.
Bill Summary:
Current law provides an exemption for taxation on property acquired and developed for low-income housing by nonprofit housing providers, community land trusts, and nonprofit affordable homeownership developers. The bill expands the exemption to also include property intended for low-income residential rental property.
(Note: This summary applies to this bill as introduced.)
Committees
House
Finance
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/21/2026 | Introduced |
| Date | Location | Action |
|---|---|---|
| 01/21/2026 | House | Introduced In House - Assigned to Finance |