BILL · 1999–00 SESSION · LATEST VERSION SSB 5532

SB 5532: Low-income rental housing/tx

Providing a property tax exemption for certain organizations that provide housing for very low-income households.

Summary

  • Property owned by nonprofit entities used to provide housing for very low-income households is exempt from taxation if certain conditions are met: (a) 100 percent of the units are occupied by very low-income households; (b) the rental housing was assisted by the Housing Trust Fund, or an affordable housing levy.

From the Senate Bill Report (SB 5532), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 26, 1999
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rosemary McAuliffe (D-1)
Introduced
January 26, 1999 in the Senate
Last action
January 10, 2000
Budget
Has a fiscal note
Versions
SB 5532, SSB 5532

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 5532 in other sessions

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

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