HB1085: Housing Authorities - Tax-Exempt Status - Modifications
Legislative Summary
Exempting certain real property owned by certain nonprofit entities created by public housing authorities from State and local property taxation; directing certain nonprofit entities created by public housing authorities to make payment in lieu of taxes that may be set by mutual agreement with a political subdivision; and applying the Act to all taxable years beginning after June 30, 2025.
Demographic Impact
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Bill History
Amendments
Favorable with Amendments 423621/1 Adopted
Favorable with Amendments 423621/1 Adopted