Bill
SB 6013
Expanding the homeownership development property tax exemption to include real property sold to low-income households for building residences using mutual self-help housing construction.
2023-2024 Regular Session
Introduced by Manka Dhingra and 3 co-sponsors
Expands nonprofit housing tax exemption to cover mutual self-help programs funded by USDA, lasting until property transfers to a low-income household; requires DOR notice.
Effective date 6/6/2024.