BILL · 1997–98 SESSION · LATEST VERSION SSB 6442

SB 6442: Low-cost housing/tax incentv

Providing tax incentives for creating low-cost housing.

Summary

  • Individuals or businesses who make donations to nonprofit organizations that devote a majority of their resources to low cost housing construction, rehabilitation or preservation are eligible for a 25 percent business and occupation tax credit. A sales or use tax exemption is available for materials and labor used to construct low-cost housing which is sold to a low-income buyer by the person claiming the exemption.

From the Senate Bill Report (SB 6442), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 1998
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rosa Franklin (D-29)
Introduced
January 19, 1998 in the Senate
Last action
February 5, 1998
Budget
Has a fiscal note
Versions
SB 6442, SSB 6442

Sponsors

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 6442 in other sessions

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

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