H.B. No. 5977
Session Year 2025
 


AN ACT EXEMPTING THE SALE AND USE OF CERTAIN TANGIBLE PERSONAL PROPERTY FOR MIXED-INCOME DEVELOPMENTS FROM THE SALES AND USE TAXES.

To exempt from the sales and use taxes the sale of and the storage, use or other consumption in this state of tangible personal property acquired for incorporation into or used and consumed in the development, construction, rehabilitation, renovation, repair or operation of dwelling units of a mixed-income development.

Introduced by:
Finance, Revenue and Bonding Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/21/2025Referred to Joint Committee on Finance, Revenue and Bonding
 4/17/2025Drafted by Committee
 3/24/2025(FIN)Vote to Draft
 2/20/2025Public Hearing 02/26
 2/10/2025(FIN)Reserved for Subject Matter Public Hearing
 1/22/2025Referred to Joint Committee on Finance, Revenue and Bonding

Co-sponsors of HB-5977

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