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Senate approves SB1 to allow county housing appropriations and expand middle-income tax credit transferees
Summary
The Senate passed SB1 on third reading with a roll-call vote; the bill authorizes county commissioners to appropriate funds for specified housing types and makes the middle-income housing tax credit available to transferees who do not own an interest in a qualified development.
DENVER — The Colorado Senate on Feb. 4 passed Senate Bill 1 on third reading, a housing measure that, according to bill text read on the floor, authorizes boards of county commissioners to appropriate money to support specified types of housing and makes the middle-income housing tax credit available to transferees who do not own an interest in a qualified development.
Senator Roberts moved SB1 on third reading and asked for the “aye” vote. The chamber recorded the final tally as 26 aye, 7 no, 0 absent and 2 excused, and the bill passed and was advanced in the legislative process.
The bill’s title as read on the floor lists sponsors Senators Robertson and Bridges and representatives Basenker and Richardson. The Senate proceedings show the motion was carried after limited floor discussion; no additional amendments were adopted during the third-reading sequence.
