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Hearing on HB 1260 focuses on how counties and cities split document-recording housing surcharge
Summary
The Appropriations Committee held a public hearing on House Bill 1260, which would clarify how counties distribute the portion of the document-recording surcharge that funds local homeless housing programs when cities elect to run their own programs.
House Bill 1260 was the subject of a public hearing before the Appropriations Committee. The bill would amend how counties distribute the locally retained portion of the document-recording surcharge that funds homeless and affordable housing programs when one or more cities in the county elect to operate a separate local homeless housing program.
Jessica Van Horn, committee staff, summarized current law: a $183 document-recording surcharge is collected on certain recorded documents and the revenues are distributed among state and local homeless housing programs. Of the surcharge, 1% is retained by the county auditor for administrative costs, 30% is retained by the county to…
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