Relating to a tax credit for affordable housing lenders; prescribing an effective date.
Summary
Expands purposes for which qualified borrower may use loan proceeds, in connection with tax credits allowed for affordable housing lenders, to include limited equity cooperatives, with certain conditions. Applies to tax years beginning on or after January 1, 2024. 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
11
Key actions
2
Committee
6
Jun 25, 2023
Lower · Passed
In committee upon adjournment.
lower
Mar 13, 2023
Committee
Referred to Tax Expenditures by prior reference.
lower
Mar 13, 2023
Committee
Without recommendation as to passage and be referred to Tax Expenditures by prior reference.
lower
Feb 23, 2023
Committee
Referred to Ways and Means by order of Speaker and then Tax Expenditures by prior reference.
lower
Feb 23, 2023
Lower · Passed
Recommendation: Do pass as amended and be printed A-Engrossed, be referred to Ways and Means, and then 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
1 primary · 9 co-sponsors
Sponsors
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