Did not become law. It stopped in the House of Representatives's Housing and Homelessness Committee on June 27, 2025. The 2025 session has ended.
2025 Regular Session
House Bill 3036
Expands purposes, for corporate excise tax credit allowed for affordable housing lending, for which a qualified borrower may use savings from a reduced interest rate to include provision of resident services or supportive services.
What it does
The synopsis the Legislative Assembly published with the bill.
Digest: The Act makes changes to the tax credit for banks that lend to build housing. (Flesch Readability Score: 90.9). Expands purposes, for corporate excise tax credit allowed for affordable housing lending, for which a qualified borrower may use savings from a reduced interest rate to include provision of resident services or supportive services. Applies to tax years beginning on or after January 1, 2025. Takes effect on the 91st day following adjournment sine die.
Its course
January 13 to June 27, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the House of RepresentativesJan 13 to Jun 27 · stopped165 days
Waiting for a committeeJan 13 to Jan 174 days
Housing and HomelessnessJan 17 to Jun 27 · stopped161 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the House of Representatives Jan 13 – Jun 27
- Jan 13Introduced
- Jan 17Sent to Housing and Homelessness
- Jun 27Died when the session ended
All 3 actions, as published
- Jan 13First reading. Referred to Speaker's desk.House of Representatives
- Jan 17Referred to Housing and Homelessness.House of Representatives
- Jun 27In committee upon adjournment.House of Representatives