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House caucus: H.687 incorporates major housing programs, flood‑disclosure changes and property‑tax adjustments
Summary
Committee reporters said H.687 folded H.639 and H.829 housing provisions into a single bill: flood‑risk disclosure rules and expanded housing priority programs; proposed appropriations include $1,000,000 for mobile‑home repair and $1,000,000 for land‑access work, and the House replaced the Senate’s second‑home PTT construct with its H.829 PTT design while removing a Senate property‑value freeze.
During the May 7 caucus, Representative Stevens (General & Housing committee) and Representative Kornheiser (Ways & Means) outlined how housing and fiscal measures were incorporated into H.687.
Stevens described two major housing bills folded into H.687 (H.639 and H.829). He said H.639 included flood‑risk disclosure provisions for real property and mobile homes and asked that disclosures include 100‑year and 500‑year flood zones and whether the property had been flooded while owned by the seller. The committee intends to substitute language to restore broader disclosure criteria that the House had previously passed.
Stevens outlined housing programs…
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