2018 House Bill 6294

Make more expensive rental property eligible for developer tax breaks

Introduced in the House

Sept. 5, 2018

Introduced by Rep. Beau LaFave (R-108)

To increase the cap on the cash value of residential rental property eligible for property tax breaks under a “neighborhood enterprise zone” subsidy program for developers. The cap would rise from $80,000 per unit in cash value to $250,000 per unit.

Referred to the Committee on Commerce and Trade

Nov. 27, 2018

Reported without amendment

Without amendment and with the recommendation that the bill pass.