SB1133: Relating To Housing.

What this measure contains

Authorizes certain counties to establish a rental unit price ceiling ordinance that prohibits a landlord from increasing the rental price of a dwelling unit at a rate that exceeds the percentage calculated and published by the county based on changes in the applicable Consumer Price Index. Beginning 8/1/2025, requires certain counties to annually calculate and publish the maximum rate at which a landlord may increase the rental price of a dwelling unit during the immediately succeeding twelve-month period. Establishes a nonrefundable Long-Term Residential Lease Tax Credit for taxpayers who own and lease a dwelling unit located in a county that has adopted a rental unit price ceiling ordinance to a person as the person's principal residence in the State pursuant to a lease agreement of a term of one year or longer. Allows the tax credit to be carried forward for up to three taxable years. Applies to taxable years beginning after 12/31/2025. Effective 7/1/2050. (SD2)

This is the description in the imported bill snapshot. It may describe a later draft than the version considered in this vote. The recorded motion above identifies the decision; the bill description does not establish the exact text voted on.

Official measure page ↗

Official text and draft versions

• Introduced· Jan 18, 2025 · Official original ↗
• Amended· Feb 13, 2025 · Official original ↗
• Amended· Feb 28, 2025 · Official original ↗Published after this vote

Document dates help distinguish drafts. A document published before the vote is not proof that this was the version considered.

Recorded decision and member tally

Senate Ways and Means: Passed, With Amendments

This record lists 13 members; its source-reported total is 13.

Committee and conference committee votes involve the assigned members, rather than the entire House or Senate. A tally of three or five members can be a committee decision. The action above identifies the source's decision; these records do not establish that all chamber votes have been captured.

Source outcome: passed.

Yes

11

No

0

Not voting

0

Absent / excused

2

This outcome applies to the recorded motion. It does not by itself mean the measure became law. The original description and each member’s recorded vote are preserved below.

Members listed for this decision

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