2021 House Bill 4713

Authorize social welfare-related developer subsidies

Introduced in the House

April 27, 2021

Introduced by Rep. Jim Lilly (R-89)

To exempt “qualified community land trust property” from property taxes levied for local public school operations. House Bill 4214 defines this as a vehicle for giving tax breaks on real property that is “held on behalf” of the government, which it defines as “community assets,” and includes but is not limited to providing social welfare benefits and amenities including “affordable housing, civic buildings, community gardens, open spaces, parking facilities, sidewalks, and trails”.

Referred to the Committee on Local Government and Municipal Finance