Relating to exemption of property owned by a limited equity cooperative; and prescribing an effective date.
Summary
Removes the eligibility requirement for the low income rental housing property tax exemption that property of a limited equity cooperative be constructed or converted after the local governing body adopts the exemption program. Takes effect on the 91st day following adjournment sine die.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
May 2025
House Passage
May 2025
Senate Passage
May 2025
Signed into Law
May 2025
Introduced Jan 13, 2025
Signed May 28, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Enrolled
·
3 edits
·
May 28, 2025
MINOR
The bill text was reformatted from an introduced version to an enrolled version, with the addition of signature lines and official stamps. The substantive legislative content regarding property tax exemptions for limited equity cooperatives remained unchanged.
Scope change
No substantive change to the bill's scope or applicability; only formatting and procedural additions.
TECHNICAL
Added signature lines, dates, and official stamps for House and Senate approval, and Governor's approval.
Removed the 'SUMMARY' section and introductory sponsorship details that were present in the introduced version.
Changed the header from 'House Bill 3232' to 'Enrolled House Bill 3232' to indicate final passage.
Floor votes · Senate May 21, 2025 · House Apr 10, 2025
How they voted
27–0
Passed · 3 other
Total votes 30
May 21, 2025
D
Democratic18
88% Yea
R
Republican12
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
7
Committee
4
May 28, 2025
Signed into law
Governor signed.
lower
May 22, 2025
Upper · Passed
President signed.
upper
May 22, 2025
Lower · Passed
Speaker signed.
lower
May 21, 2025
Upper · Passed
Third reading. Carried by Starr. Passed.
upper
May 15, 2025
Upper · Passed
Recommendation: Do pass.
upper
Apr 10, 2025
Committee
Referred to Finance and Revenue.
upper
Apr 10, 2025
Introduced
First reading. Referred to President's desk.
upper
Apr 10, 2025
Lower · Passed
Third reading. Carried by Nathanson. Passed.
lower
Apr 3, 2025
Lower · Passed
Recommendation: Do pass.
lower
Jan 17, 2025
Committee
Referred to Revenue.
lower
Jan 13, 2025
Introduced
First reading. Referred to Speaker's desk.
lower
3 primary · 8 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
James Manning
DDemocratic
P
Jeff Golden
DDemocratic
P
Nancy Nathanson
DDemocratic
Co
Deb Patterson
DDemocratic
Co
John Lively
DDemocratic
Co
Khanh Pham
DDemocratic
Co
LM
Lesly Muñoz
DDemocratic/Working Families
Co
Lisa Fragala
DDemocratic
Co
Mark Gamba
DDemocratic
Co
Travis Nelson
DDemocratic
Co
Wlnsvey Campos
DDemocratic
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