BILL · 2017–18 SESSION · LATEST VERSION SSB 6347

SB 6347: Urban centers/multiple-units

Expanding the property tax exemption for new and rehabilitated multiple-unit dwellings in urban centers.

Summary

  • Expands eligibility for the 12-year Multifamily Property Tax Exemption for new and rehabilitated multi-unit residential housing projects, allowing projects located in certain urban areas designated by any city or town with a population of less than 15,000 to qualify for a tax exemption until July 1, 2023.
  • Creates a new 15-year Multifamily Property Tax Exemption for new and rehabilitated multi-unit residential housing projects, allowing projects located in certain urban areas designated by any city or town with a population of less than 15,000 and meeting certain other conditions, to qualify for a tax exemption until July 1, 2023.

From the Substitute House Bill Report (SSB 6347), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 12, 2018
  2. Out of committeeFeb 6, 2018
  3. Passed SenateFeb 9, 2018
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Keith Wagoner (R-39)
Introduced
January 12, 2018 in the Senate
Last action
March 8, 2018
Budget
Has a fiscal note
Versions
SB 6347, SSB 6347

AN ACT Relating to expanding the property tax exemption for new and rehabilitated multiple-unit dwellings in urban centers;

Sponsors

Prime sponsor: Keith Wagoner (R-39)

5 co-sponsors (2 Democrats, 3 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 9, 2018
Version voted on: SSB 6347
43 Yea 4 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat24200
Republican19202
How each member voted

History

  1. By resolution, returned to Senate Rules Committee for third reading. (SSB 6347)
  2. Referred to Finance. (SSB 6347)
  3. Minority; do not pass. (SSB 6347)
  4. CDHT - Majority; do pass with amendment(s). (SSB 6347)
  5. First reading, referred to Community Development, Housing & Tribal Affairs (Not Officially read and referred until adoption of Introduction report). (SSB 6347)
  6. Third reading, passed; yeas, 43; nays, 4; absent, 0; excused, 2. (SSB 6347)
  7. Rules suspended. Placed on Third Reading. (SSB 6347)
  8. 1st substitute bill substituted. (SSB 6347)
  9. 1st substitute bill substituted.
  10. Placed on second reading by Rules Committee. (SSB 6347)
  11. Placed on second reading by Rules Committee.
  12. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 6347)
  13. Minority; do not pass. (SSB 6347)
  14. Minority; without recommendation. (SSB 6347)
  15. Passed to Rules Committee for second reading. (SSB 6347)
  16. Passed to Rules Committee for second reading.
  17. Minority; without recommendation.
  18. Minority; do not pass.
  19. WM - Majority; 1st substitute bill be substituted, do pass.
  20. Referred to Ways & Means.
  21. And refer to Ways & Means.
  22. EDIT - Majority; do pass.
  23. First reading, referred to Economic Development & International Trade.

SB 6347 in other sessions

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

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