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Bill

Bill

A 1193

Provides tax abatement related to the removal of leaded paint

2025 Regular Session Introduced by Crystal Peoples-Stokes

Creates a property tax abatement to boost lead paint removal, cutting taxes for eligible homeowners/landlords and supporting safer housing and healthier children.

REFERRED TO REAL PROPERTY TAXATION
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Bill Summary · A 1193

Summary of Bill A 1193

Quick Facts

  • Bill Number: A 1193
  • Title: Provides tax abatement related to the removal of leaded paint
  • Sponsor: Crystal Peoples-Stokes (primary)
  • Status: REFERRED TO REAL PROPERTY TAXATION
  • Introduced: January 9, 2025
  • Committee Action: Referred to Real Property Taxation on 2025-01-09 (listed twice in legislative records)
  • Related Bills (prior-session): A 2237, A 3204, A 4334, A 6705, A 4397, A 1041

Purpose and Intent

A 1193 proposes creating a tax abatement program to encourage the removal of lead-based paint. The core aim is to reduce lead exposure and improve housing safety by lowering the property tax burden for eligible property owners or occupants undertaking lead paint abatement.

Key Provisions (Expected Framework)

Note: The full text would specify the exact mechanics. Based on the bill’s title and typical structure for tax abatements, the bill would likely address:
- Establishment of a state or local property tax abatement program tied to lead paint removal activities.
- Eligibility criteria (e.g., type of property—owner-occupied vs. rental properties, income thresholds, location, extent of lead hazard, compliance with health and safety standards).
- Abatement details (amount or percentage of property tax reduction, duration of the abatement, caps, and renewal options).
- Application and approval process (who can apply, required documentation, timelines for decisions).
- Administration and oversight (agency responsible for administration, reporting requirements, periodic audits or compliance checks).
- Sunset or renewal provisions (whether the program ends after a set period or can be extended).

Affected Parties

  • Homeowners and landlords undertaking lead-based paint removal.
  • Tenants in properties receiving abatements (indirectly through reduced property taxes).
  • Local assessors or state tax authorities implementing the program.
  • Contractors and service providers performing lead paint remediation.

Potential Impacts

  • Fiscal: Could reduce property tax revenues for participating properties; may require administrative funding for program operations and compliance monitoring.
  • Housing and public health: Encourages remediation of lead hazards, potentially improving housing safety and child health outcomes.
  • Administrative: Requires a framework for eligibility verification, project documentation, and periodic reporting.

Procedural Timeline and Next Steps

  • As of January 9, 2025, the bill is in the Real Property Taxation committee. If advanced, it would move through committee reviews, possible amendments, floor votes, and, if approved, be sent to the governor for signature or veto. The exact effective date and any sunset provisions would be defined in the final bill text.

Notes

  • The bill’s precise terms (eligibility details, abatement amounts, duration, and administration) are not contained in the summary and would be found in the full bill language.
  • The presence of multiple related bills in prior sessions suggests ongoing legislative interest in lead paint remediation incentives.

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

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