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Committee advances SB 1333 to let smaller counties use state tax surcharge revenues for housing and transportation, extend surcharge sunset
Summary
SB 1333 passed the Housing Committee Feb. 6 with amendments to allow counties with populations of 500,000 or less to use county surcharge revenues for housing and transportation infrastructure, to extend a surcharge collection deadline to Dec. 31, 2047 in some cases, and to authorize cost sharing with private developers; DOTAX and others provided
The Senate Committee on Housing voted Feb. 6 to pass SB 1333, a measure that would authorize counties with populations of 500,000 or less to use county surcharge revenues on state tax for transportation and housing infrastructure. The bill also authorizes counties that previously adopted a surcharge ordinance after July 1, 2015 to amend the allowed uses of the surcharge, extends the period in which a county may collect the surcharge under certain…
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