Bill
A 1877
Grants real property tax abatement to rent-controlled or rent regulated properties when the maximum authorized rent exceeds 1/2 of the tenants' household income
2025 Regular Session
Introduced by Noah Burroughs and 3 co-sponsors
Bill A 1877 offers tax relief to tenants in rent-controlled properties if rent exceeds 50% of their income, aiming to enhance housing affordability for low-income households.
REFERRED TO AGING