LD 1165
pg. 5
Page 4 of 5 An Act To Encourage the Preservation of Affordable Housing LD 1165 Title Page
Download Bill Text
LR 1927
Item 1

 
SUMMARY

 
This bill exempts from the income tax capital gains or
depreciation recapture associated with the sale of a multifamily
affordable housing property. It also exempts the sale of a
multifamily affordable housing property from the real estate
transfer tax.


Page 4 of 5 Top of Page LD 1165 Title Page