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State LIHTC Legislation - 2023

2023

Enacted

California A.B. 1439, An act to amend Sections 12206, 17058, and 23610.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy
Enacted September 20, 2023

California A.B. 346, An act to amend, repeal, and add Section 8869.94 of the Government Code, and to amend Sections 12206, 17058, and 23610.5 of the Revenue and Taxation Code, relating to taxation
Enacted September 20, 2023

California S.B. 4, An act to add and repeal Section 65913.16 of the Government Code, relating to housing
Enacted September 15, 2023

California S.B. 423, An act to amend Section 65913.4 of the Government Code, relating to land use
Enacted September 15, 2023

Ohio H.B. 33, Establishes operating appropriations for fiscal years 2024-2025 (Section 175.16)
Enacted July 4, 2023

Hawaii H.B. 675, Requires, if sufficient funding is available, the HHFDC to open at minimum two application periods each year for the receipt of applications
Enacted June 21, 2023

Texas H.B. 1766, Relating to the issuance of private activity bonds for qualified residential rental projects
Enacted June 18, 2023

Texas H.B. 1058, Relating to a franchise or insurance premium tax credit for certain housing developments
Enacted June 13, 2023

Rhode Island H. 5200 , Making Appropriations For The Support Of The State For The Fiscal Year Ending June 30, 2024
Enacted June 16, 2023

South Carolina S.B. 739, A Joint Resolution Providing For A One-time Authorization For Use Of Certain Remaining South Carolina Housing Tax Credits
Enacted May 19, 2023

Kansas S.B. 17, Expanding the use of bond proceeds under the Kansas reinvestment housing incentive district act and the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act
Enacted April 24, 2023

Florida S.B. 102, Live Local Act
Enacted March 29, 2023

Introduced

New Jersey A.B. 5900, Authorizes HMFA to issue tax credits for certain purposes
Introduced Dec. 14, 2023

New Hampshire H.B. 1470, Establishing a study committee on the feasibility and impact of a low-income housing tax credit
Introduced Dec. 11, 2023

District of Columbia DC B25-0289, District of Columbia Low-Income Housing Tax Credit Amendment Act of 2023
Introduced May 11, 2023

Ohio H.B. 33, Establishes operating appropriations for fiscal years 2024-2025 (Section 175.16)
Introduced April 27, 2023

New York A.B. 6625, Expands the New York state low income housing tax credit program to certain one to four family residences, including a cooperative or a condominium unit
Introduced April 24, 2023

Alabama H.B. 357, To establish the Alabama Workforce Housing Tax Credit Act
Introduced April 20, 2023

South Carolina S. 739, A Joint Resolution Providing For A One-time Authorization For Use Of Certain Remaining South Carolina Housing Tax Credits
Introduced April 18, 2023

Louisiana H.B. 452, Establishes a tax credit for the development of certain affordable housing projects
Introduced March 31, 2023

New York S.5911, Includes broadband access in the scoring and ranking criteria of the New York State low-income housing tax credit program
Introduced March 22, 2023

Montana H.B. 829, Establish a Montana workforce housing tax credit
Introduced March 14, 2023

Texas S.B. 2328, Relating to certain occupancy preferences given by developments supported with a low income housing tax credit allocation
Introduced March 10, 2023

Hawaii S.R. 49, Urging the Hawaii Housing Finance and Development Corporation to Promote Supportive Housing in the State's Low-Income Housing Tax Credit Program
Introduced March 9, 2023

Texas S.B. 1925, Relating to the allocation of low income housing tax credits
Introduced March 8, 2023

Texas H.B. 1344, Relating to prohibiting an increase in the rent of a tenant residing in a development supported with a low income housing tax credit allocation
Introduced March 3, 2023

Texas H.B. 1058, Relating to a franchise or insurance premium tax credit for certain housing developments
Introduced March 2, 2023

North Carolina H.B. 208, Low-Income Housing Tax Credits
Introduced Feb. 28, 2023

California A.B. 1439, An act to amend Sections 12206, 17058, and 23610.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy
Introduced Feb. 17, 2023

Illinois H.B. 3878, Amends the Illinois Housing Development Act
Introduced Feb. 17, 2023

Ohio H.B. 3, To formally state the General Assembly's intention to authorize an affordable housing tax credit
Introduced Feb. 15, 2023

Mississippi S.B. 3057, Mississippi Affordable Housing Tax Credit Act
Introduced Feb. 14, 2023

California S.B. 423, An act to amend Section 65913.4 of the Government Code, relating to land use
Introduced Feb. 13, 2023

Illinois H.B. 2044, Build Illinois Homes Tax Credit Act
Introduced Feb. 7, 2023

Oklahoma H.B. 2040, Oklahoma Affordable Housing Act
Introduced Feb. 6, 2023

Oklahoma S.B. 380, Oklahoma Affordable Housing Act
Introduced Feb. 6, 2023

Wisconsin S.B. 40, Changes to the low-income housing tax credit
Introduced Feb. 3, 2023

Utah H.B. 364, Modifies provisions relating to affordable housing
Introduced Feb. 2, 2023

California A.B. 346, An act to amend, repeal, and add Section 8869.94 of the Government Code, and to amend Sections 12206, 17058, and 23610.5 of the Revenue and Taxation Code, relating to taxation
Introduced Jan. 31, 2023

Texas H.B. 1766, Relating to the issuance of private activity bonds for qualified residential rental projects
Introduced Jan. 27, 2023

Florida S.B. 102, Live Local Act
Introduced Jan. 26, 2023

Arizona H.B. 2318, Affordable housing tax credits extension
Introduced Jan. 23, 2023

Hawaii S.B. 1152, Establishes a landlord low-income tenant tax credit
Introduced Jan. 20, 2023

Hawaii S.B. 936, Requires the Hawaii Housing Finance and Development Corporation to prioritize the allocation of low-income housing tax credits to state-owned development projects
Introduced Jan. 20, 2023

Hawaii S.B. 858, Requires Hawaii Housing Finance and Development Corporation to Amend the LIHTC Program and QAP
Introduced Jan. 20, 2023

Hawaii H.B. 675, Requires, if sufficient funding is available, the HHFDC to open at minimum two application periods each year for the receipt of applications
Introduced Jan. 20, 2023

Rhode Island H. 5200 , Making Appropriations For The Support Of The State For The Fiscal Year Ending June 30, 2024
Introduced Jan. 19, 2023

New York A. 1264, Amends the low income housing tax credit eligibility requirement to at least sixty percent of residential units be both rent-restricted and occupied by individuals whose income is one hundred twenty-five percent or less of area median gross income
Introduced Jan. 13, 2023

Oregon H.B. 2563, Relating to a tax credit for investment in affordable housing; prescribing an effective date
Introduced Jan. 9, 2023

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