BILL · 1995–96 SESSION

SB 5964: Housing/real estate excse tx

Allowing local excise tax on real estate sales to be used for low-income and special needs housing.

Summary

  • The list of capital projects for which the 1982 local REET can be utilized is expanded to include the construction, reconstruction, acquisition, financing or rehabilitation of low-income or special needs housing that is consistent with the housing element portion of a comprehensive plan. Such housing must be owned or operated by a public or nonprofit entity.

From the Senate Bill Report (SB 5964), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 17, 1995
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
February 17, 1995 in the Senate
Last action
January 8, 1996
Budget
Has a fiscal note

Sponsors

Prime sponsor: Margarita Prentice (D-11)

4 co-sponsors (2 Democrats, 2 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5964 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

Report wrong or missing information on this page