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Committee hears update on housing bill: Ways and Means stripped appropriations; Appropriations likely to reduce VHCB/VHFA funding
2732884 · March 21, 2025
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Summary
Committee leadership updated members that Ways and Means removed the short‑term rental tax and that Appropriations is expected to cut several housing program appropriations in the budget draft.
Committee leadership reported the current status of the committee's comprehensive housing bill and planning for next week's floor activity.
The chair said Ways and Means removed the short‑term rental tax from the housing bill, noting the Department of Taxes had flagged administrative complexity; that item may be revisited later. Two VHFA and VHCB programs that had been included in the…
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