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Senate file 2976 would allow state housing tax credit proceeds to support supportive‑services funding and adjusts metro housing sales‑tax split
Summary
Senate File 2976 would add supportive services as an eligible use of the state housing tax credit and would adjust the metropolitan sales‑tax proceeds split, moving a 25% share from metropolitan cities to metropolitan counties. The committee adopted technical and formula amendments and laid the bill over for possible omnibus inclusion.
Senate File 2976 would modify the state housing tax credit to allow supportive services to be an eligible use of proceeds and would adjust the allocation formula for the metropolitan sales tax for housing passed in 2023.
Sponsor Senator Port said the bill would let nonprofits and supportive‑housing providers use the state housing tax credit to fund service dollars and service reserves that are…
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