Relating to property tax exemption for affordable multiunit housing; prescribing an effective date.
Summary
Authorizes city or county to establish schedule in which , for 10 years, percentage of property tax exemption granted to affordable multiunit rental housing increases directly with percentage of units rented to households with annual income at or below 120 percent of area median income. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2023
Last action Jun 25, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
4
Jun 25, 2023
Lower · Passed
In committee upon adjournment.
lower
Mar 24, 2023
Committee
Referred to Tax Expenditures by prior reference.
lower
Mar 24, 2023
Lower · Passed
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Tax Expenditures by prior reference.
lower
Jan 16, 2023
Committee
Referred to Housing and Homelessness with subsequent referral to Tax Expenditures.
lower
Jan 9, 2023
Introduced
First reading. Referred to Speaker's desk.
lower
2 primary · 0 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 2705
Scope: OR
Hi! I can help you understand HB 2705. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline