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Bill

SB 5302

Establishing a property tax exemption for adult family homes that serve people with intellectual or developmental disabilities and are owned by a nonprofit.

2023-2024 Regular Session Introduced by Manka Dhingra and 10 co-sponsors

Overview: SB 5302 - Establishing a property tax exemption for adult family homes that serve people with intellectual or developmental disabilities and are owned by a nonprofit.Purp

By resolution, reintroduced and retained in present status.
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Bill Summary · SB 5302

Overview: SB 5302 - Establishing a property tax exemption for adult family homes that serve people with intellectual or developmental disabilities and are owned by a nonprofit.
Purpose and Intent: This bill aims to provide property tax relief for adult family homes that serve individuals with intellectual or developmental disabilities and are owned by nonprofit organizations. The goal is to support the availability of affordable, community-based housing options for this vulnerable population.

Key Provisions:
- Establishes a property tax exemption for adult family homes that meet the following criteria:
- Serve individuals with intellectual or developmental disabilities
- Are owned by a nonprofit organization
- Provide housing and support services to residents
- Requires the adult family home to be the principal residence of the owner-operator
- Specifies that the exemption applies to the real and personal property used for the adult family home

Affected Parties and Impacts:
- Nonprofit organizations that own and operate adult family homes serving individuals with intellectual or developmental disabilities
- Residents of these adult family homes, who may benefit from more affordable housing options
- Local governments, which may see a reduction in property tax revenue from the exemption

Procedural and Timeline Considerations:
The bill has been reintroduced and retained in its current status. Further legislative action and potential amendments are expected as the bill progresses through the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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