HB 3402
Establishes subtraction from personal taxable income for eligible rental payments made by eligible renters.
| Status | In House Committee (HREV) |
| Session | 2019 Regular Session |
| Sponsors | David Brock Smith (Republican) (Chief), Cedric Hayden (Republican) (Chief), Jack Zika (Republican) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Establishes a subtraction from personal taxable income for eligible rental payments made by eligible renters.
Overview#
Establishes subtraction from personal taxable income for eligible rental payments made by eligible renters. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2026. Takes effect on 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-26 | H | First reading. Referred to Speaker's desk. |
| 2019-03-27 | H | Referred to Revenue. |
| 2019-06-13 | H | Motion to withdraw from Revenue failed. |
| 2019-06-30 | H | In committee upon adjournment. |