SB 197

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

Status	In Senate Committee (JCTE)
Session	2019 Regular Session
Requested by	(at the request of Senate Interim Committee on Finance and Revenue)
Fiscal impact	No fiscal impact
Revenue impact	Revenue impact issued

Bill Text

Introduced

Extends sunset for tax credit for manufactured dwelling park closure and expands tenant eligibility for the credit.

Original Bill Text

Overview#

Extends sunset for tax credit for closure of manufactured dwelling park. Provides that tax credit 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	S	Introduction and first reading. Referred to President's desk.
2019-01-15	S	Referred to Finance and Revenue, then Tax Expenditures.
2019-02-05	S	Work Session held.
2019-02-11	S	Without Recommendation, rescind subsequent referral to Tax Expenditures and return to President's desk for referral.
2019-02-11	S	Subsequent referral rescinded by order of the President.
2019-02-11	S	Referred to Housing by Order of the President, with a subsequent referral to Tax Expenditures.
2019-03-04	S	Public Hearing held.
2019-03-11	S	Work Session held.
2019-03-13	S	Recommendation: Do pass and be referred to Tax Expenditures by prior reference.
2019-03-13	S	Referred to Tax Expenditures by prior reference.
2019-06-30	S	In committee upon adjournment.