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2017 Regular Session
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to property tax exemption for low-income single-unit housing; and prescribing an effective date.
Catchline/Summary: Extends ad valorem property tax exemption to existing qualified dwelling units of single-unit housing purchased by taxpayers seeking exemption.
Sunsets authority of city to approve applications for exemption on January 1, 2025. Provides that qualified dwelling unit of single-unit housing granted exemption pursuant to application approved before sunset date continues to receive exemption for period of time for which exemption was granted. Takes effect on 91st day following adjournment sine die.
Chapter Number: Chapter 294
Fiscal Impact: No Fiscal Impact
Revenue Impact: Revenue Impact Issued
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
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Current Subcommittee:
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Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
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