Bill Title: Provides an 8% tax rate for those properties that are encumbered by a deed restriction for low-income housing set at 80% or 60% of adjusted median income established by HUD.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced) 2025-02-28 - Scheduled for hearing and/or consideration (03/04/2025) [H5688 Detail]

Text: Latest bill text (Introduced) [PDF]

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