Legislation

Requiring the Department of Housing and Community Development to reserve 2.5% of community development block grant funds awarded to the State for nonentitlement areas for award to affordable housing land trusts in the nonentitlement areas; establishing the intent of the General Assembly that certain entitlement areas award 2.5% of community development block grant funds to affordable housing land trusts; and exempting from property taxes real property held by an affordable housing land trust under certain circumstances.

Committees

Original:: Ways and Means Click to view Recorded Media; Environment and Transportation

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): June 1, 2022

Bill imposes a mandated appropriation in the annual State Budget Bill

Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber House Calendar Date 2/10/2022 Legislative Date 2/10/2022 Action First Reading Ways and Means and Environment and Transportation Proceedings
Chamber House Calendar Date 2/10/2022 Legislative Date 2/10/2022 Action Hearing 2/22 at 1:00 p.m. (Ways and Means) Proceedings
Chamber House Calendar Date 2/11/2022 Legislative Date 2/11/2022 Action Hearing canceled (Ways and Means) Proceedings
Chamber House Calendar Date 2/11/2022 Legislative Date 2/11/2022 Action Hearing 3/01 at 1:00 p.m. (Ways and Means) Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Affordable Housing Land Trusts - Funding and Property Tax Exemption Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Environment and Transportation Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/07/2022 Legislative Date 4/07/2022 Action Referred to interim study by Ways and Means Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/10/2022	2/10/2022	First Reading Ways and Means and Environment and Transportation
House	2/10/2022	2/10/2022	Hearing 2/22 at 1:00 p.m. (Ways and Means)
House	2/11/2022	2/11/2022	Hearing canceled (Ways and Means)
House	2/11/2022	2/11/2022	Hearing 3/01 at 1:00 p.m. (Ways and Means)
			Text - First - Affordable Housing Land Trusts - Funding and Property Tax Exemption
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
			Vote - House - Committee - Environment and Transportation	Click to view Recorded Media
House	4/07/2022	4/07/2022	Referred to interim study by Ways and Means

File Code

Subjects

Statutes