HB 2664

Extends sunset for tax credit for closure of manufactured dwelling park.

Status	In House Committee (JCTE)
Session	2019 Regular Session
Sponsors	Alissa Keny-Guyer (Democrat) (Chief), Rob Nosse (Democrat), Tawna Sanchez (Democrat)
Fiscal impact	No fiscal impact
Revenue impact	Revenue impact issued

Bill Text

Extends tax credit sunset provisions for manufactured dwelling park closures and allows tenants to claim credits when landlords terminate leases or exercise eminent domain.

Original Bill Text

Sponsors#

Chief Sponsors: Alissa Keny-Guyer

Co-Sponsors: Rob Nosse, Tawna Sanchez

Overview#

Extends sunset for tax credit for closure of manufactured dwelling park. Extends sunset for exemption from income or corporate excise taxes of capital gains from sale of manufactured dwelling park to certain entities. Provides that tax credit for closure of manufactured dwelling park may be claimed by tenant based on termination of agreement by landlord or termination of agreement due to exercise of eminent domain. Applies to tax years beginning on or after January 1, 2017. Takes effect on 91st day following adjournment sine die.

Legislative History

Date	Chamber	Action
2019-01-14	H	First reading. Referred to Speaker's desk.
2019-01-18	H	Referred to Human Services and Housing with subsequent referral to Revenue.
2019-02-25	H	Public Hearing held.
2019-03-04	H	Work Session held.
2019-03-08	H	Recommendation: Do pass and be referred to Revenue by prior reference.
2019-03-08	H	Referred to Revenue by prior reference.
2019-04-03	H	Public Hearing held.
2019-04-18	H	Work Session held.
2019-04-22	H	Without recommendation as to passage, with amendments, be printed A-Engrossed, and be referred to Tax Expenditures.
2019-04-22	H	Referred to Tax Expenditures by order of Speaker.
2019-06-30	H	In committee upon adjournment.