- Title
- Housing Authorities - Tax-Exempt Status - Modifications
- Sponsored by
- Delegates Fair, Palakovich Carr, Allen, Charkoudian, Ebersole, Foley, Holmes, Kaufman, Kerr, Schindler, Simpson, Solomon, Spiegel, and Stewart
- Status
- In the House - Hearing 2/25 at 1:00 p.m. (Environment and Transportation)
- Analysis
Synopsis
Exempting certain property owned by public housing authorities, certain subsidiary entities of public housing authorities, and certain nonprofit housing corporations from State and local taxation; directing public housing authorities, certain subsidiary entities of public housing authorities, and certain nonprofit housing corporations to make payments in lieu of taxes that may be set by agreements with political subdivisions; and applying the Act tall taxable years beginning after June 30, 2025.
Committees
- Original:
- Environment and Transportation
- Ways and Means
Details
Bill File Type: Regular
Effective Date(s): June 1, 2025
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
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Last Updated: 2/5/2025 9:35 PM
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