Legislation

Title: Housing and Community Development - Affordable Housing Development Credit Program
Sponsored by: Senators Guzzone, Elfreth, Griffith, and Peters
Status: In the Senate - Hearing 2/26 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Affordable Housing Development Credit Program within the Division of Development Finance of the Department of Housing and Community Development to provide certain owners of certain low-income housing projects certain tax credits for a certain number of years; authorizing an owner or a developer of a low-income housing project to submit a certain application to the Department to enroll in the Program on or after July 1, 2020, but before July 1, 2023; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1567

Introduced in a prior session as: SB0583 Session: 2019 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2020

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Housing and Community Development - Affordable Housing Development Credit Program Proceedings
Chamber Senate Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Hearing 2/19 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/17/2020 Legislative Date 2/17/2020 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/17/2020 Legislative Date 2/17/2020 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2020	2/03/2020	First Reading Budget and Taxation
			Text - First - Housing and Community Development - Affordable Housing Development Credit Program
Senate	2/06/2020	2/06/2020	Hearing 2/19 at 2:00 p.m.
Senate	2/10/2020	2/10/2020	Hearing canceled
Senate	2/10/2020	2/10/2020	Hearing 2/19 at 1:00 p.m.
Senate	2/17/2020	2/17/2020	Hearing canceled
Senate	2/17/2020	2/17/2020	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes