BILL · 2019–20 SESSION · LATEST VERSION SSB 5363

SB 5363: Urban center dwellings/taxes

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

Summary

  • Provides an additional 12-year property tax exemption for certain eligible multi-unit residential housing projects in urban centers.
  • Expands eligible residential targeted areas under the multi-family tax exemption program to certain unincorporated areas of a county.

From the Substitute Senate Bill Report (SSB 5363), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 18, 2019
  2. Out of committeeMar 1, 2019
  3. Passed SenateMar 12, 2019
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Guy Palumbo (D-1)
Introduced
January 18, 2019 in the Senate
Last action
January 13, 2020
Budget
Has a fiscal note
Versions
SB 5363, SSB 5363

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

Sponsors

Prime sponsor: Guy Palumbo (D-1)

4 co-sponsors (3 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 12, 2019
Version voted on: SSB 5363
39 Yea 10 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat27200
Republican12800
How each member voted

History

  1. Senate Rules "X" file. (SSB 5363)
  2. By resolution, reintroduced and retained in present status. (SSB 5363)
  3. By resolution, returned to Senate Rules Committee for third reading. (SSB 5363)
  4. First reading, referred to Housing, Community Development & Veterans. (SSB 5363)
  5. Third reading, passed; yeas, 39; nays, 10; absent, 0; excused, 0. (SSB 5363)
  6. Rules suspended. Placed on Third Reading. (SSB 5363)
  7. 1st substitute bill substituted. (SSB 5363)
  8. 1st substitute bill substituted.
  9. Placed on second reading by Rules Committee. (SSB 5363)
  10. Placed on second reading by Rules Committee.
  11. Passed to Rules Committee for second reading. (SSB 5363)
  12. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5363)
  13. Minority; without recommendation. (SSB 5363)
  14. Minority; do not pass. (SSB 5363)
  15. Minority; do not pass.
  16. Minority; without recommendation.
  17. WM - Majority; 1st substitute bill be substituted, do pass.
  18. Passed to Rules Committee for second reading.
  19. Referred to Ways & Means.
  20. And refer to Ways & Means.
  21. HSA - Majority; do pass.
  22. First reading, referred to Housing Stability & Affordability.

SB 5363 in other sessions

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

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