BILL · 2021–22 SESSION
SB 5757: Multifamily properties/REET
Adjusting the real estate excise tax rate for multifamily residential properties.
Summary
- Imposes a real estate excise tax rate of 1.28 percent on the sale of multiple-unit housing, regardless of the selling price.
From the Senate Bill Report (SB 5757), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 10, 2022
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Chris Gildon (R-25)
- Introduced
- January 10, 2022 in the Senate
- Last action
- January 10, 2022
AN ACT Relating to adjusting the real estate excise tax rate for multifamily residential properties;
Sponsors
Prime sponsor: Chris Gildon (R-25)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Housing & Local Government.
- Prefiled for introduction.
SB 5757 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5757 (2025–26) Auto. traffic safety revenue
- SB 5757 (2023–24) Transp. revenue forecast
- SB 5757 (2019–20) Early learning basic ed. prg
- SB 5757 (2017–18) Rx drug step therapy
- SB 5757 (2015–16) Credit union governance
- SB 5757 (2013–14) Information technology
- SB 5757 (2011–12) Groundwater protection
- SB 5757 (2009–10) Public trans governing brds