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HB1208    Pdf File  
Measure Title: RELATING TO THE CONVEYANCE TAX.
Report Title: DHS; Affordable Housing; Conveyance Tax; Rates; Exemption; Homeless Services Special Fund; Affordable Homeownership Revolving Fund; Land Conservation Fund; Rental Housing Revolving Fund; Dwelling Unit Revolving Fund; Appropriation ($)
Description: Establishes the Homeless Services Special Fund. Allows counties to apply for matching funds from the Affordable Homeownership Revolving Fund for certain housing projects. Increases the conveyance tax rates for certain properties. Establishes conveyance tax rates for multifamily residential properties. Establishes new exemptions to the conveyance tax. Allocates collected conveyance taxes to the Affordable Homeownership Revolving Fund, Homeless Services Fund, and Dwelling Unit Revolving Fund. Amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund. Effective 7/1/2026.
Companion:
Package: None
Current Referral: HSG, HSH, FIN
Introducer(s): BELATTI, GRANDINETTI, IWAMOTO, MARTEN, MURAOKA
Act:

Sort by Date Status Text
1/27/2025HReferred to HSG, HSH, FIN, referral sheet 4
1/23/2025HIntroduced and Pass First Reading.
1/22/2025HPending introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB1208
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