HB946
Income tax, state; affordable rental housing tax credit.
Status:
In House
Latest Action:
Feb. 10, 2026
House: Placed on Finance Agenda
Chief Patron:
Lily Franklin (D)
Session:
2026 Regular Session
Summary
As Introduced. Income tax credit; affordable rental housing tax credit.
Establishes a nonrefundable tax credit for taxable years 2026 through 2030 for eligible landlords equal to $750 per affordable dwelling unit, as certified by the Department of Housing and Community Development. The bill limits the (i) total amount of such credits available to an eligible landlord to $15,000 per taxable ... (More) year and (ii) aggregate amount of such credits claimed to $5 million per taxable year. (Less)-
Bill History
- 01/13/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26102758D
- 01/13/2026 - House: Referred to Committee on Finance
- 01/30/2026 - House: Placed on Finance Agenda
- 02/05/2026 - House: Assigned HFIN sub: Subcommittee #1
- 02/07/2026 - House: Fiscal Impact statement From TAX (2/7/2026 7:40 pm)
- 02/09/2026 - House: Subcommittee recommends continuing to (Voice Vote)
- 02/10/2026 - House: Placed on Finance Agenda
