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Committee reopens hearings on three property‑tax exemption sunset extensions; work session likely for vertical housing credit
Summary
The Senate Committee on Finance and Revenue reopened public hearings on House Bills 2,074, 2,077 and 2,078, each of which would extend existing property‑tax exemptions for different housing programs; committee members noted these bills were previously heard on Feb. 5 and signaled a work session would be scheduled for the vertical housing measure.
On May 5 the Senate Committee on Finance and Revenue convened public hearings on three related bills that would extend property‑tax exemptions for housing projects.
House Bill 2,074 would remove the sunset on the vertical housing development property tax exemption, moving the program’s sunset to Feb. 19, 2031. Committee members noted HB 2,074 had been heard previously…
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