Legislation - SB0327

Authorizing an owner of real property used for rental housing and the governing body of a county to enter into a payment in lieu of taxes agreement for maintaining at least 25% of the rental housing units located at the real property as affordable dwelling units for at least 15 years; and authorizing the governing body of the county to require the owner of real property to maintain a higher percentage of rental housing units as affordable dwelling units than the minimum percentage specified in the Act.

Committees

Original:: Budget and Taxation Click to view Recorded Media

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

Committee Testimony

Witness List

Details

Cross-filed with: HB0390

Bill File Type: Regular

Effective Date(s): June 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/15/2025 Legislative Date 1/15/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Affordable Housing Payment In Lieu of Taxes Expansion Act Proceedings
Chamber Senate Calendar Date 1/15/2025 Legislative Date 1/15/2025 Action Hearing 1/29 at 10:30 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2025 Legislative Date 3/10/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/11/2025 Legislative Date 2/21/2025 Action Favorable with Amendments {653622/1 Adopted Proceedings 41 Click to view Recorded Media
Chamber Senate Calendar Date 3/11/2025 Legislative Date 2/21/2025 Action Second Reading Passed with Amendments Proceedings 41 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Affordable Housing Payment In Lieu of Taxes Expansion Act Proceedings
Chamber Senate Calendar Date 3/12/2025 Legislative Date 2/23/2025 Action Third Reading Passed (34-13) Proceedings 43 Click to view Recorded Media
Chamber House Calendar Date 3/13/2025 Legislative Date 3/02/2025 Action Referred Ways and Means Environment and Transportation Proceedings 42 Click to view Recorded Media
Chamber House Calendar Date 3/17/2025 Legislative Date 3/17/2025 Action Hearing 3/25 at 1:00 p.m. (Ways and Means) Proceedings
Chamber House Calendar Date 3/25/2025 Legislative Date 3/25/2025 Action Hearing canceled (Ways and Means) Proceedings
Chamber House Calendar Date 3/25/2025 Legislative Date 3/25/2025 Action Hearing 3/26 at 1:00 p.m. (Ways and Means) Proceedings
Chamber House Calendar Date 3/26/2025 Legislative Date 3/26/2025 Action Hearing canceled (Ways and Means) Proceedings
Chamber House Calendar Date 3/26/2025 Legislative Date 3/26/2025 Action Hearing 3/26 at 2:15 p.m. (Ways and Means) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/15/2025	1/15/2025	First Reading Budget and Taxation
			Text - First - Affordable Housing Payment In Lieu of Taxes Expansion Act
Senate	1/15/2025	1/15/2025	Hearing 1/29 at 10:30 a.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/10/2025	3/10/2025	Favorable with Amendments Report by Budget and Taxation
Senate	3/11/2025	2/21/2025	Favorable with Amendments {653622/1 Adopted	41 Click to view Recorded Media
Senate	3/11/2025	2/21/2025	Second Reading Passed with Amendments	41 Click to view Recorded Media
			Text - Third - Affordable Housing Payment In Lieu of Taxes Expansion Act
Senate	3/12/2025	2/23/2025	Third Reading Passed (34-13)	43 Click to view Recorded Media
House	3/13/2025	3/02/2025	Referred Ways and Means Environment and Transportation	42 Click to view Recorded Media
House	3/17/2025	3/17/2025	Hearing 3/25 at 1:00 p.m. (Ways and Means)
House	3/25/2025	3/25/2025	Hearing canceled (Ways and Means)
House	3/25/2025	3/25/2025	Hearing 3/26 at 1:00 p.m. (Ways and Means)
House	3/26/2025	3/26/2025	Hearing canceled (Ways and Means)
House	3/26/2025	3/26/2025	Hearing 3/26 at 2:15 p.m. (Ways and Means)

File Code

Subjects

Statutes