SB 2675: LOW-INCOME HOUSING TAX CREDIT; EXTENSION; PARTNERS; LIMITED LIABILITY COMPANIES
- Session Year: 2025-2026
- House: Senate
Current Status:
In Progress
(2026-02-05: The committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032.
Discussed in Hearing
11MINFeb 5, 2026
Senate Standing Committee on Housing
11MINFeb 5, 2026