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HB1176

Investor ownership of single family residences.

Latest bill text (Comm Sub) [PDF]

Summary

Investor ownership of single family residences. Establishes the housing down payment assistance fund. Establishes a tax of 50% of the fair market value of a single family residence for each single family residence acquired by an applicable taxpayer after the applicable date. Establishes a maximum number of single family residences that may be owned by an applicable taxpayer after the applicable date for purposes of calculating an annual tax on any excess single family residences.

Authors

Authored by Representative Harris

Fiscal Outlook

Title Description Date View
Fiscal NoteFiscal Note #1: Introduced2024-01-08 Click To View

History

Date Chamber Action
2024-01-09HouseFirst reading: referred to Committee on Ways and Means
2024-01-09HouseAuthored by Representative Harris