Relates to exempting real property purchased by first-time homebuyers from real property taxation
Summary
Permits localities to grant a real property tax exemption for first-time homebuyers; provides declining exemption from 40% to 10% decreased over five years for first-time buyers of property within certain purchase price limits set by SONYMA.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 20, 2017
Last action Jan 3, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 3, 2018
Assembly · Referred to committee
REFERRED TO REAL PROPERTY TAXATION
Jan 20, 2017
Assembly · Referred to committee
REFERRED TO REAL PROPERTY TAXATION
1 primary · 1 co-sponsor
Sponsors
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