Bill
HB 6804
Overview: HB 6804, AN ACT ELIMINATING PROPERTY TAX EXEMPTIONS FOR FACULTY AND STAFF HOUSING AT PRIVATE SECONDARY EDUCATIONAL INSTITUTIONS, PUBLIC HEARING 0226, introduced on Januar
Overview: HB 6804, AN ACT ELIMINATING PROPERTY TAX EXEMPTIONS FOR FACULTY AND STAFF HOUSING AT PRIVATE SECONDARY EDUCATIONAL INSTITUTIONS, PUBLIC HEARING 0226, introduced on January 29, 2025.
Purpose and Intent: The bill aims to eliminate the property tax exemptions currently granted to private secondary educational institutions for faculty and staff housing. The rationale is to generate additional tax revenue for local municipalities and ensure that these institutions are contributing their fair share to the community.
Key Provisions:
- Repeals the existing property tax exemption for faculty and staff housing at private secondary schools
- Requires these institutions to pay property taxes on any housing they provide for their employees
Affected Parties and Impacts: This bill would primarily impact private secondary schools, such as private high schools and preparatory academies, that currently benefit from the property tax exemption for faculty and staff housing. Local municipalities would see an increase in tax revenue as a result of this change.
Procedural and Timeline Considerations: The bill has been scheduled for a public hearing on February 26, 2025, where stakeholders will have the opportunity to provide input and testimony.
Compiled from official sources — confirm details with the bill’s official record.
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