2017 Regular Session
|At the request of:|
|Bill Title:||Relating to property tax exemption for low-income single-unit housing; and prescribing an effective date.|
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|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|