BILL · 2021–22 SESSION

SB 5713: Limited equity coop. housing

Providing a property tax exemption for limited equity cooperative housing.

Summary

  • Authorizes a property tax exemption until January 1, 2033, for qualifying limited equity cooperative housing that provides low-income housing.

From the House Bill Report (SB 5713), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 93, Laws of 2022
  1. IntroducedJan 10, 2022
  2. Out of committeeFeb 7, 2022
  3. Passed SenateFeb 10, 2022
  4. Passed HouseMar 2, 2022
  5. GovernorMar 17, 2022
  6. LawMar 17, 2022
Prime sponsor
Senator (D-47)
Introduced
January 10, 2022 in the Senate
Last action
March 17, 2022
Session law
Chapter 93, Laws of 2022
Budget
Has a fiscal note

AN ACT Relating to providing a property tax exemption for limited equity cooperative housing;

Sponsors

Prime sponsor: Senator (D-47)

5 co-sponsors (5 Democrats, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 10, 2022
Version voted on: SB 5713
41 Yea 7 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28001
Republican13700
How each member voted

House · Final Passage as Amended by the House

Passed March 2, 2022
Version voted on: SB 5713
54 Yea 42 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat54102
Republican04100
How each member voted

Yea (54)

Excused (2)

Senate · Final Passage as Amended by the House

Passed March 7, 2022
Version voted on: SB 5713
34 Yea 15 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican51500
How each member voted

History

  1. Effective date 6/9/2022.
  2. Chapter 93, 2022 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Senate concurred in House amendments.
  8. Passed final passage; yeas, 34; nays, 15; absent, 0; excused, 0.
  9. Third reading, passed; yeas, 54; nays, 42; absent, 0; excused, 2.
  10. Committee amendment(s) adopted with no other amendments.
  11. Rules suspended. Placed on Third Reading.
  12. Rules Committee relieved of further consideration. Placed on second reading.
  13. Referred to Rules 2 Review.
  14. Minority; without recommendation.
  15. Minority; do not pass.
  16. FIN - Majority; do pass with amendment(s).
  17. FIN - Executive action taken by committee.
  18. Referred to Finance.
  19. Committee relieved of further consideration.
  20. First reading, referred to Housing, Human Services & Veterans.
  21. Third reading, passed; yeas, 41; nays, 7; absent, 0; excused, 1.
  22. Rules suspended. Placed on Third Reading.
  23. Placed on second reading by Rules Committee.
  24. Minority; without recommendation.
  25. WM - Majority; do pass.
  26. Passed to Rules Committee for second reading.
  27. Referred to Ways & Means.
  28. And refer to Ways & Means.
  29. Minority; without recommendation.
  30. HLG - Majority; do pass.
  31. First reading, referred to Housing & Local Government.
  32. Prefiled for introduction.

SB 5713 in other sessions

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

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