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Informational hearing: senator pitches sales‑tax exemption on building materials to lower new‑home costs
Summary
Sen. Lucero held an informational hearing on a proposal to exempt sales tax on building materials for new homes, saying the change could shave roughly $9,000–$10,000 off a model 1,600‑square‑foot home's cost and expand homeownership opportunities.
Senator Lucero presented an informational proposal (Senate File 536) to exempt sales tax on building materials for new residential construction as a way to reduce the price of newly built homes and encourage greater supply. The measure was heard for informational purposes in the Senate Committee on Housing and Homelessness Prevention; it was not in the committee's tax jurisdiction and no committee action was taken.
Lucero and witnesses from the home‑building industry described how sales tax on materials—lumber, windows,…
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