HB2077 Session 2025r1 Chapter Number Assigned

Extends the sunset date for the property tax exemption for nonprofit corporation low income housing.

Summary

Digest: The Act would extend the property tax break for low income housing owned by a nonprofit. (Flesch Readability Score: 68.9). Extends the sunset date for the property tax exemption for nonprofit corporation low income housing. Takes effect on the 91st day following adjournment sine die.