BILL · 2005–06 SESSION

SB 6559: Low-income housing

Providing tax credits for contributions to low-income housing efforts.

Summary

  • Tax credit program created . A tax credit is created for contributions approved by the Department of Revenue (DOR) that are made to the Housing Trust Fund or a federally-recognized 501(c)(3) nonprofit organization that builds homes and provides homeownership opportunities. This tax credit is allowed against the taxpayer's B&O or public utility taxes.

From the Senate Bill Report (SB 6559), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 13, 2006
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jerome Delvin (R-8)
Introduced
January 13, 2006 in the Senate
Last action
January 27, 2006
Budget
Has a fiscal note

AN ACT Relating to tax credits for contributions to low-income housing efforts;

Sponsors

Votes

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

History

  1. And refer to Ways & Means.
  2. FHC - Majority; do pass.
  3. Referred to Ways & Means.
  4. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 6559 in other sessions

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

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