1491-S3 AMS LIIA S3153.2
3SHB 1491 - S AMD TO S AMD (S-2814.1/25) 408
By Senator Liias
ADOPTED 04/15/2025
On page 25, line 32, after "act." strike "A city" and insert "A county may approve an exemption under this subsection for multifamily residential housing within a station area if the property otherwise qualifies for the exemption under this chapter and meets the density requirements in section 3(2)(a) of this act and affordability requirements in section 3(7)(a) of this act. A city or county"
EFFECT: Authorizes a county to approve a multi-family property tax exemption within a station area if the property meets the transit-oriented development density and affordability requirements.
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