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Council signals interest in HB1717 sales tax remittance program for affordable housing
Summary
Staff briefed council on HB1717, which would allow local optional remittance programs returning half of sales-and-use tax to qualifying affordable housing projects; councilors generally supported further study and suggested flexibility on AMI thresholds.
Jordan Bogie summarized House Bill 1717 to the Clark County Council, explaining it would enable counties and cities to create optional sales-tax remittance programs for qualifying affordable-housing projects. Under the bill as described, eligible projects could receive 50% of the combined state and local sales-and-use tax they paid, with the…
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